Perenco acquires Golar LNG stake

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Perenco has purchased a stake in Golar LNG.

According to a SEC filling by Golar, Perenco’s investment affiliate Naria has taken a 9.9 percent stake.

The total number of common shares of the issuer reported as beneficially owned includes 4,784,166 common shares held directly by Naria and 5,500,000 common shares pursuant to the exercise of share options held directly by Naria, which will be settled within 60 days,” Golar said.

Law firm Debevoise & Plimpton said in a separate statement it has advised Perenco in an approximately $250 million investment in Golar by its investment affiliate Naria.