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	<title>Stock Blog Hub &#187; Golar LNG Ltd.</title>
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		<title>(GLNG) Golar LNG&#8217;s Q2 Better than Expected</title>
		<link>http://www.stockbloghub.com/2009/08/31/glng-golar-lngs-q2-better-than-expected/13948</link>
		<comments>http://www.stockbloghub.com/2009/08/31/glng-golar-lngs-q2-better-than-expected/13948#comments</comments>
		<pubDate>Mon, 31 Aug 2009 21:21:51 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[GLNG]]></category>
		<category><![CDATA[Golar LNG Ltd.]]></category>

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		<description><![CDATA[Golar LNG Ltd. (GLNG) posted second-quarter results on Friday. The company said GAAP net income rose to $11.9 million, compared to $11.7 million in the year-ago quarter primarily due to a gain related to non-cash interest rate and equity swap valuation. Excluding this gain, loss per share came in at 7 cents, better than the Zacks Consensus Estimate for a 10-cent loss. Golar is a mid-stream LNG company engaged in the acquisition, ownership, operation and chartering of LNG carriers and floating storage re-gasification units (FSRUs).  At the end of the quarter, the company’s portfolio consisted of 13 vessels and a 50% equity stake in a LNG carrier. The Bermuda-based company said operating revenues fell 10.8% year over year to $46.8 million. The decline was primarily caused by the fact that ]]></description>
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