Golar FSRU receives early termination from Petrobras

Golar LNG Partners has received a notice of early termination for the charter of FSRU Golar Spirit from Petrobras.

The original end date of the charter was August 2018, and now it has been changed to June 21, 2017.

Under the charter contract, Petrobras will pay the partnership a compensation fee as a result of the early termination representing approximately 62% of the EBITDA1 remaining under the contract from June 21, 2017 to the original contract end date.

The partnership will immediately commence re-marketing for the vessel for FSRU employment post June 2017.


Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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