Interim Results for the Period Ended September 30, 2020
GOLAR LONG PARTNERS (GMLP)
US:NASDAQ Investor Relations:
golarlngpartners.com
Company Research
Source: GlobeNewswire
Highlights and subsequent events Golar LNG Partners LP (“Golar Partners” or “the Partnership”) generated operating income of $32.1 million for the third quarter of 2020, exclusive of its interest in FLNG Hilli Episeyo.After accounting for $1.1 million of non-cash mark-to-market interest rate swap losses, the Partnership reported net income attributable to unit holders of $17.4 million for the third quarter.The Partnership generated distributable cash flow1 of $20.7 million for the third quarter resulting in a distribution coverage ratio1 of 14.50.The Partnership entered into a cooperation agreement with Hygo Energy Transition Limited ("Hygo"), formerly known as Golar Power Limited, to develop terminals using Golar Partners' asset portfolio.Increased utilization of the carrier Golar Maria helped lift the Partnership's overall fleet utilization to 98% for the quarter.The Partnership declared a distribution for the third quarter of $0.0202 per unit. Financial Results Overview Golar Pa
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