Golar LNG Energy - West Java FSRU Project

The Board of Golar LNG Energy Limited ("Golar Energy" or the "Company") is

pleased to announce that it has been selected as the successful bidder in the PT

Nusantara Regas tender for the West Java Floating Storage Regasification

Terminal ("West Java FSRU Project"). Nusantara Regas is a joint venture between

Pertamina and PGN.

The contract, which is still subject to final terms and conditions, will be for

an initial period of approximately 11 years and comprises the lease of a

floating storage and regasification unit ("FSRU") and associated mooring. Golar

Energy will convert one of their existing Moss LNG carriers to an FSRU for the

project. The contract value will be approximately $500 million. The Golar group

has already completed three FSRU conversions over the last three years. The

FSRU for the West Java FSRU Project will be similar in design to the latest of

these three projects, the Golar Freeze, recently delivered to Dubai.

The West Java FSRU Project will be Indonesia's first LNG regasifcation terminal

and represent the world's first FSRU project in Asia. Golar Energy's FSRU

technology offers a reliable and cost effective solution to fast track the

import and regasification of LNG.

Golar Energy's CEO, Oscar Spieler said "This award cements our position as the

leading converter of existing LNG carriers for FSRU service and a major player

in the growing market for marine based LNG infrastructure. The Golar group has

been doing business in Indonesia for almost thirty years and we are very pleased

to be selected by Nusantara Regas for this critical national energy project."

October 12, 2010

Hamilton, Bermuda.

Questions should be directed to:

Golar Energy Management Ltd

Oscar Spieler: CEO - +65 6296 5518

Golar Management Ltd - +44 207 063 7900:

Graham Robjohns: Chief Financial Officer

This information is subject of the disclosure requirements acc. to §5-12 vphl

(Norwegian Securities Trading Act)

[HUG#1451089]

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