Recent Highlights Operating income for Q3 2020 of 32.1 million, exclusive of ownership interest in FLNG Hilli Episeyo (Hilli). Quarterly net income of 17.4 million after accounting for 1.1 million of non-cash mark- to-market losses…
Third quarter 2020 financial results SUMMARY RESULTS HIGHLIGHTS Operating Results: (in thousands of , except Q3 Q2 Q3 Total operating revenue in Q3 of 71.1m, slightly Distribution coverage ratio1) 2020 2020 2019 down from 72.1m in…
Segment Information2 Q3 2020 Q2 2020 (in thousands of ) FSRU* LNGC* FLNG** Total FSRU* LNGC* FLNG** Total Total Operating Revenues 58,276 12,837 26,018 97,131 59,033 13,081 26,018 98,132 Amount invoiced under sales-type lease…
Balance Sheets Summary CONDENSED SUMMARY Sep 30 Jun 30 (in thousands of ) 2020 2020 (Unaudited) (Unaudited) Cash and cash equivalents 42,263 32,781 Restricted cash and short-term deposits 57,143 59,170 Other current assets 37,801…
1.8bn of Revenue Backlog1 2020 2021 2022 2023 2024 2025 2026 FSRU Golar Freeze 2034 Energy & Logistics 15 year Jamaica charter Company FSRU Golar Winter 10-year contract extended to 15 years FSRU Nusantara Regas Satu 11-year…
Stable operational utilization Continued strong commercial utilization from operating fleet Note: Excludes vessel in cold layup Continued operational excellence across the fleet. FLNG Hilli with 100% economical utilization since…
Long-term fundamentals support FSRU demand Energy Demand Growth & Growth in CO2 Emissions underpins the role LNG is playing in the next decade Developed Countries Emerging Countries 400 8.8% per year 4.7% per year 138 123 Energy…
Forward prices support LNG adoption LNG demand will be underpinned by long-term discount to crude oil 16 14 12 10 USD/MMBtu 8 6 4 2 0 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 Henry Hub…
Golar ESG Golar ESG Update update Highlights this quarter: Our focus on governance and business ethics We support industry-wide efforts to address Health, safety and security systemic problems, including through active membership of…
Operational Safety FSRU Golar Winter passes 1.2 million exposure hours LTI free For four consecutive years FSRU Golar Winter has had zero Lost Time Incidents (LTIs) during operation, the highest in the fleet. There are many…
Summary Q3 earnings in line with Q2. Q4 Total Adjusted EBITDA1 also expected to be broadly similar to Q3. Good progress being made in strengthening the balance sheet: Cash balances increasing despite amortization of high yield…
THANK YOU Golar LNG Partners LP 16
Appendix A Non-GAAP measures Distributable cash flow: Distributable cash flow represents Total Adjusted EBITDA adjusted for the cash components of interest, amounts invoiced under sales-type lease, derivatives, tax and earnings from…
Appendix B Total Adjusted EBITDA (in thousands of ) Three months ended Three months ended Three months ended September 30, 2020 June 30, 2020 September 30, 2019 Net income 16,442 14,283 8,097 Depreciation and amortization 19,983…
Appendix C Adjusted Net Debt (in thousands of ) At September 30 At June 30 At September 30 2020 2020 2019 Current portion of long-term debt and short-term debt 590,217 602,633 225,156 Current portion of obligation under finance…
Appendix D Segment Information Total Segment Consolidated Q3 2020 (in thousands of ) FSRU1 LNG Carrier1 FLNG2 Elimination3 Reporting Reporting Total operating revenues 58,276 12,837 26,018 97,131 (26,018) 71,113 Voyage and…
Appendix E - Consolidated Statements of Operations 2020 2020 2019 (in thousands of ) Jul-Sep Apr-Jun Jul-Sep (unaudited) (unaudited) (unaudited) Total operating revenues 71,113 72,114 75,818 Vessel operating expenses (14,015)…
Appendix F - Consolidated Balance Sheet: Assets 2020 2020 2019 Sep 30 Jun 30 Dec 31 (in thousands of ) Unaudited Unaudited audited Current assets Cash and cash equivalents 42,263 32,781 47,661 Restricted cash and short-term…
Appendix F - Consolidated Balance Sheet: Liabilities & Equity 2020 2020 2019 Sep 30 June 30 Dec 31 (USD thousands) Unaudited Unaudited audited Current liabilities Current portion of long-term debt 590,217 602,633 225,254 Current…
Appendix G - Distributable Cash Flow (in thousands of , except Distribution coverage ratio) Three months ended Three months ended September 30, 2020 June 30, 2020 Total Adjusted EBITDA 76,549 77,686 Adjusted Interest Income 114…
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