Awilco LNG — Earnings Release 2019

Aug 29, 2019

ALNG - Q2 2019 report

ALNG - Q2 2019 report

The Awilco LNG Group (Awilco LNG ASA together with its subsidiaries) today reports unaudited results for the three months ended 30 June 2019.

Highlights for Q2 2019 (Q1 2019):

- Net freight income of MUSD 2.7(MUSD 8.4)

- EBITDA of MUSD(0.2) (MUSD 5.0)

- Net profit/(loss) of MUSD(8.6)(MUSD (3.4))

- Vessel utilisation of 56 % (90 %)

Oslo, 29 August 2019

For further information please contact:

CFO Øyvind Ryssdal

Phone: +47 920 14 029

About Awilco LNG ASA

Awilco LNG is a Norwegian based LNG transportation provider, owning and operating LNG vessels intended for international trade. The Company owns two 2013 built 156,000 cbm TFDE membrane LNG vessels, WilForce and WilPride.