Aug. 17, 2009 (Hugin AS) -- Golar LNG Limited (NASDAQ:GLNG) ("Golar") is pleased to announce that the
restructuring of its activities by way of the transfer of various
assets and liabilities to its subsidiary, Golar LNG Energy Limited (OOTC:LNGYF) (TSXV:LNG)
("Energy") has been completed.


Accordingly, a total of 168,500,000 new shares in Energy have been
issued to Golar.

The private placement of 60 million new shares in Energy at a
subscription price of USD 2.- per share and the issue of 12 million
warrants to subscribe for further shares on 15 December 2010 of USD
2.- has furthermore been completed.

Energy's shares have obtained an OTC listing in Oslo and trading has
commenced.
Energy has established a homepage at www.golarlngenergy.com. The
presentation of Energy used in the private placement has been posted
thereon.


Golar LNG Limited
August 17, 2009
Hamilton, Bermuda.

Questions should be directed to:

Golar Management Ltd - +44 207 063 7900:
Graham Robjohns: Chief Financial Officer
Brian Tienzo: Group Financial Controller


This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.