Golar LNG Ltd. announced unaudited consolidated earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported EBITDA of $33.1 million. Operating revenue at $21.0 million was up on fourth quarter 2013 operating revenue of $18.0 million. Positive contributions to first quarter revenue came from the Golar Arctic which provided a full quarter's earnings having been in drydock for part of the fourth quarter, the Golar Igloo which contributed to earnings in respect of its 27 day pre-dropdown operations and the Golar Seal which found voyage charters for part of the quarter as compared to no utilisation during the fourth quarter. Operating income was $75,937,000 compared to $75,937,000 a year ago. Income before taxes and equity in net earnings of affiliates was $9,263,000 compared to $82,360,000 a year ago. Net income was $12,991,000 compared to $85,564,000 a year ago. Net cash used in operating activities was $80,964,000 compared to net cash provided by operating activities of $16,907,000 a year ago. Additions to vessels and equipment amounted to $1,411,000. Additions to new buildings amounted to $196,608 compared to $167,797,000 a year ago.

Based on the trading so far, the expects that the operating result for second quarter of 2014 to be in line or slightly better than first quarter numbers.