New position started in portfolio : Golar LNG Partners LP (GMLP)GMLP
Golar LNG Partners LP owns and operates floating storage and regasification units (FSRUs) and liquefied natural gas (LNG) carriers under long-term charters. The Company’s objective is to increase quarterly distributions per unit over time by growing its business through accretive acquisitions of FSRUs and LNG carriers and by chartering its vessels pursuant to long-term charters with high quality customers that generate long-term stable cash flows. The vessels in its current fleet are chartered to BG Group, Pertamina, Petrobras, Dubai Supply Authority, PTNR, Eni S.p.A. and KNPC. The LNG is transported overseas in specially built tanks on double-hulled ships to a receiving terminal, where it is offloaded and stored in heavily insulated tanks. The Company’s fleet consists of five FSRUs and four LNG carriers.
Golar LNG Partners pays dividend quarterly with 2-5-8-11 schedule. Starting yield is 8.18%
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