Golar to sell Hilli to spinoff in pieces

Golar LNG Partners is likely to carry out a "piecemeal" purchase of a floating LNG (FLNG) production vessel under conversion in Singapore, a Wells Fargo Securities analyst said Tuesday.

The comments by Michael Webber, who follows shipping stocks for the US bank, said the New York-listed spinoff of Golar LNG Ltd sees the acquisition of the 1-million-tonne-per-annum Golar Hilli (built 1975) as a way to help offset the impact of upcoming LNG carrier charter rolloffs.

But