This might clear things up:
http://findarticles.com/p/articles/mi_m0HXI/is_2009_Nov_16/ai_n42115466/
16 November 2009 - Bermuda-based but Oslo-listed liquefied natural gas (LNG) carrier Golar LNG Energy Ltd (OSL: GOLE) has sold a total 9.6 million shares in Australian LNG Limited (ASX: LNG) to institutional investors for USD11m, thus reducing its stake to 6.3%.
The sale will result in a capital gain of USD8m, Golar Energy said Saturday.
Prior to the transaction, the company held 10.9% in LNG Limited.
The released funds are likely to be invested directly in the Gladstone LNG Fisherman's Landing project in Australia, Golar Energy's CEO Oscar Spieler said.
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- 9.6m shares sold to instos
This might clear things...
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