Operational Review

In September 2009 Golar Winter successfully completed testing and commissioning at Petrobras’s Rio terminal. The vessel collected a cargo of LNG en-route to Brazil as well as transporting a part cargo between Pecem and Rio during the commissioning period. The vessel was finally delivered and accepted on September 7, 2009.

Golar LNG Energy

Shipping

The spot LNG shipping market will continue to face some challenges in the short term due to a limited oversupply of vessels. The order book as at the end of 2010 is limited to 3% of the total fleet. The vast majority of new vessels will be delivered into specific projects.

Trading performance of the Company’s vessels operating in the spot/short term market improved over the quarter. Rates and utilisation are still unsatisfactory but improvement continues into the fourth quarter. Available tonnage in the Atlantic has tightened over the quarter with very few vessels available cold for the recent tenders. Several majors have recently been in the market chartering in medium term tonnage

Charter arrangements are now becoming more balanced and exhibiting less multiple options and lower flexibility in charterer's favour than has been evident throughout the year.

There are clear signs that an improved supply demand balance in the years to come will lead to a much needed improvement in charter rates. However the current weak demand for natural gas is negatively influencing the short to medium term demand for LNG.

Regasification

Floating storage and regasification market inquiry is firming. As reported in the second quarter regasification developers are launching new LNG import projects based on the employment of a floating storage and regasification solution. Developers, in addition to recognizing the numerous benefits of floating storage and regasification projects, recognize an excellent window of opportunity to launch new projects as near / mid term LNG supply is available. Various formal invitations (prequalification documents, solicitations of interest, request for proposals) have recently been issued or are expected from countries including Israel, Indonesia, Uruguay and Jamaica.

In addition to these formal invitations, Golar Energy is discussing numerous other projects directly with interested parties. While inquiry is worldwide, Asia continues to represent areas of increasing activity. This formal FSRU market inquiry is testament to the increasing level of interest and Golar’s track record; focus on developing long term relationships and delivering tailored low cost solutions should provide a solid foundation for delivering further FSRU contracts.

Golar Freeze entered Keppel Shipyard on September 5, 2009 to undergo its FSRU conversion prior to its delivery to Dubai Supply Authority (DUSUP) under a 10 year charter. The construction of the regas-skids is completed and they are currently being transported to Singapore for installation onboard Golar Freeze. A majority of the other main components for the conversion are already at site, and the conversion is progressing according to schedule.

Liquefaction

The Gladstone LNG Project continues to move forward positively with several milestones achieved during the period under review. In early October 2009, agreement was reached with Gladstone Port Corporation (GPC) for the project to commence its ground improvement and early site works programme. The current

3

ground improvement and early site works will assist in reducing future capital costs and shorten the overall construction schedule to allow for the Project’s first LNG shipment in 2012. In September 2009, Golar Energy entered into a HOA with Toyota Tsusho Corporation (part of the Toyota Group) as the end buyer of the entire first LNG train production of 1.5 mtpa. During the quarter the project appointed BNP Paribas as the Project’s financial advisor. BNP Paribas will participate in the review and structuring of all key components of the Project, to ensure the Project conforms to accepted project debt financing principles and parameters. In addition CB&I have been appointed as “Project Management Consultant”. The depth of LNG project experience within the CB&I group will substantially augment the project team, which in itself has been materially bolstered by the selective recruitment of LNG industry experienced personnel.

The PTTEP/Coogee project is progressing and will complete the concept phase by the end of the year. The midstream (FLNG unit) study work is being done in Oslo with several project engineers from PTTEP on the project team, while the upstream studies are being done in Perth. The Company has gained valuable knowledge and experience throughout the cooperation with PTTEP.

Market

The LNG industry is experiencing additional growth as more liquefaction projects come on stream to meet long term global demand growth. Qatar expects to double annual capacity this year to 62 million tonnes and be in a position to export 77 MTPA by 2011.

This year has also seen further LNG production capacity additions in Russia (Sakhalin), Indonesia (Tangguh) and Yemen as well as more import capacity, added or about to be added, in Kuwait (Al Ahmadi), Italy, Brazil, Dubai and Argentina. The addition of new production capacity and LNG import facilities, some of which are located in previously inaccessible markets exhibiting a counter-cyclical demand requirement, offers a greater interaction between, not only Atlantic and Pacific Basin locations, but also greater diversity between northern and southern hemispheres. Gas price volatility and arbitrage between regions will create additional trading opportunities which will require flexible shipping arrangements to cater for market developments.

Additionally the market is being tested for more flexible LNG SPA’s in long term contracts in terms of destination flexibility and upward and downward buyer volume flexibility. This additional flexibility will also require further flexible shipping arrangements (and optimisation within shipping portfolios) which hitherto charterers have been reluctant to recognise in terms of pricing for shipping.

The depressed spot gas and LNG prices during 2009 can be explained by a number of different factors:

Outlook

The Company believes that in the medium to long term the gas/LNG market looks attractive. Gas/LNG is likely to increase its share of the energy market due to shortage of oil, the increased demand for energy and the fact gas is a cleaner energy than oil and coal. The price attractiveness of Gas which in the US today is selling at a discount to oil of approximately 70 % measured on an energy content basis is further strengthening the case. In order to develop the LNG market further and increase its market share the

4

Company believes there will be an increased demand for floating regas solutions and floating LNG projects. With Golar Energy’s fleet, expertise and the track record, the Board believes that the Company is in a very good position to take advantage of this opportunity. By utilizing existing LNG vessels for conversions the Company believes that it is able to create the most cost effective solutions for customers and partners.

Golar LNG Energy has a platform for growth within the mid-stream of the LNG supply chain and plans to aggressively pursue the development of its regasification and liquefaction projects as well as shipping and trading opportunities.

Golar LNG Limited is, with its five ship core fleet with long term contracts, well positioned to become a high paying dividend stock, with significant upside linked to ownership of Golar LNG Energy.

The operating results for the fourth quarter are likely to show a steady improvement from Q3 and will see a significantly improved contribution from Golar Winter with a full quarter’s trading as an FSRU. One vessel will be drydocked in the quarter. Net income in the fourth quarter will further benefit from an approximate $8 million gain on the sale of part of Golar Energy’s shareholding in LNG Limited.

Forward Looking Statements

This press release contains forward looking statements. These statements are based upon various assumptions, many of which are based, in turn, upon further assumptions, including examination of historical operating trends made by the management of Golar LNG. Although Golar LNG believes that these assumptions were reasonable when made, because assumptions are inherently subject to significant uncertainties and contingencies, which are difficult or impossible to predict and are beyond its control, Golar LNG cannot give assurance that it will achieve or accomplish these expectations, beliefs or intentions.

Included among the factors that, in the Company's view, could cause actual results to differ materially from the forward looking statements contained in this press release are the following: inability of the Company to obtain financing for the new building vessels at all or on favourable terms; changes in demand; a material decline or prolonged weakness in rates for LNG carriers; political events affecting production in areas in which natural gas is produced and demand for natural gas in areas to which our vessels deliver; changes in demand for natural gas generally or in particular regions; changes in the financial stability of our major customers; adoption of new rules and regulations applicable to LNG carriers and FSRU’s; actions taken by regulatory authorities that may prohibit the access of LNG carriers or FSRU’s to various ports; our inability to achieve successful utilisation of our expanded fleet and inability to expand beyond the carriage of LNG; increases in costs including: crew wages, insurance, provisions, repairs and maintenance; changes in general domestic and international political conditions; the current turmoil in the global financial markets and deterioration thereof; changes in applicable maintenance or regulatory standards that could affect our anticipated dry-docking or maintenance and repair costs; our ability to timely complete our FSRU conversions; failure of shipyards to comply with delivery schedules on a timely basis and other factors listed from time to time in registration statements and reports that we have filed with or furnished to the Securities and Exchange Commission, including our Registration Statement on Form 20-F and subsequent announcements and reports. Nothing contained in this press release shall constitute an offer of any securities for sale.

November 26, 2009
The Board of Directors
Golar LNG Limited
Hamilton, Bermuda

Questions should be directed to:
Golar Management Ltd - +44 207 063 7900:
Graham Robjohns

5

Golar LNG Limited

THIRD QUARTER CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS (UNAUDITED)

The accompanying notes are an integral part of these condensed consolidated interim financial statements

6

Golar LNG Limited

THIRD QUARTER CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS (UNAUDITED)

The accompanying notes are an integral part of these condensed consolidated interim financial statements.

7

Golar LNG Limited

THIRD QUARTER CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS (UNAUDITED)

The accompanying notes are an integral part of these condensed consolidated interim financial statements.

8

Golar LNG Limited

THIRD QUARTER CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS (UNAUDITED)

The accompanying notes are an integral part of these condensed consolidated interim financial statements.

9

Golar LNG Limited

THIRD QUARTER CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS (UNAUDITED)

The accompanying notes are an integral part of these condensed consolidated interim financial statements.

10

Golar LNG Limited

Notes to Condensed Consolidated Interim Financial Statements

1.  GENERAL

Golar LNG Limited (the “Company” or “Golar”) was incorporated in Hamilton, Bermuda on May 10, 2001 for the purpose of acquiring the liquefied natural gas (“LNG”) shipping interests of Osprey Maritime Limited (“Osprey”) and of Seatankers Management Co. Ltd (“Seatankers”), which were indirectly controlled by Trusts established by John Fredriksen for the benefit of his immediate family. The Company’s ordinary shares are listed on Nasdaq and on the Oslo Stock Exchange.

2.  ACCOUNTING POLICIES

Basis of accounting
The financial statements are prepared in accordance with accounting principles generally accepted in the United States of America. The condensed consolidated financial statements do not include all the disclosures required in the annual financial statements, and should be read in conjunction with the Company’s annual financial statements as at December 31, 2008.

Significant accounting policies
The accounting policies adopted in the preparation of the condensed interim consolidated financial statements are consistent with those followed in the preparation of the Company’s annual consolidated financial statements for the year ended December 31, 2008, except for the adoption of following standards - SFAS No. 141(R), Business Combinations; SFAS No. 160, Noncontrolling Interests in Consolidated Financial Statements, (“FAS 160”); SFAS No. 161, Disclosures about Derivative Instruments and Hedging Activities; SFAS No. 162, The Hierarchy of Generally Accepted Accounting Principles, SFAS No. 165, Subsequent Events, and SFAS No. 168, “The FASB Accounting Standards Codification and the Hierarchy of Generally Accepted Accounting Principles – a replacement of FASB Statement No. 162”.

None of these new or revised accounting standards has had a material impact on the current or prior periods except that noncontrolling interest is now classified as a component of equity in accordance with FAS 160. The Company has evaluated subsequent events through November 27, 2009, the date of issuance of our financial position and results of operation.

3.  DEBT

In June 2009, the Company entered into an $80 million revolving credit facility with World Shipholding, to provide short-term bridge financing. The facility accrues fixed interest at a rate per annum of 8% together with a commitment fee of 0.75% of any undrawn portion of the credit facility. The revolving credit facility is available for a period of two years. All amounts due under the facility must be repaid within two years from the date of the first draw down. The Company drew down an initial amount of $20 million on June 30, 2009 and a further $10 million during the quarter to September 30, 2009. The facility is currently unsecured. However, in order to draw down amounts in excess of $35 million the Company will be required to provide security to the satisfaction of World Shipholding. This is envisaged to take the form of a second priority lien over cash generating assets.

In connection with the Company’s Golar LNG Partners revolving credit facility, the Company drew down a further $25.0 million in January 2009 and the remaining $10.0 million of the facility in March 2009.

4.  FINANCIAL INSTRUMENTS

Fair values
The carrying value and estimated fair value of the Company’s financial instruments at September 30, 2009 and December 31, 2008 are as follows:

11

The carrying value of cash and cash equivalents, which are highly liquid, is a reasonable estimate of fair value.

The estimated fair value for restricted cash and short-term investments is considered to be equal to the carrying value since they are placed for periods of less than six months. The estimated fair value for long-term restricted cash is considered to be equal to the carrying value since it bears variable interest rates, which are reset on a quarterly basis.

The fair value of the Company’s marketable securities is determined using the closing quoted market price.

As at September 30, 2009, the Company did not identify any events or changes in circumstances that would indicate the carrying value of its unlisted investments in both TORP Technology and OLT–O were not recoverable. Accordingly, the Company did not estimate the fair value of these investments as at September 30, 2009.

The estimated fair value for floating long-term debt is considered to be equal to the carrying value since it bears variable interest rates, which are reset on a quarterly or six monthly basis.

The estimated fair values of long-term lease obligations under capital leases are considered to be equal to the carrying value since they bear interest at rates, which are reset on a quarterly basis.

The fair value of the Company’s derivative instruments is the estimated amount that the Company would receive or pay to terminate the agreements at the reporting date, taking into account current interest rates, foreign exchange rates, closing quoted market prices and the creditworthiness of the Company and its swap counterparties.

The following table summarizes the valuation of the Company’s financial instruments by the SFAS 157 pricing levels as of September 30, 2009:

12

SFAS 157 states that the fair value measurement of a liability must reflect the non-performance risk of the entity. Therefore, the impact of the Company’s creditworthiness has also been factored into the fair value measurement of the derivative instruments in a liability position.

6.  RELATED PARTY TRANSACTIONS

Receivables (payables) from related parties:

Receivables and payables with related parties comprise primarily of unpaid management fees, advisory, administrative services. In addition, certain receivables and payables arise when the Company pays an invoice on behalf of a related party and vice versa. Receivables and payables are generally settled quarterly in arrears.

During the periods ended September 30, 2009 and December 31, 2008, Faraway Maritime Shipping Company, which is 60% owned by Golar and 40% owned by China Petroleum Corporation ("CPC"), paid dividends totalling $3.4 million and $5.0 million respectively, of which 60% was paid to Golar and 40% was paid to CPC.

In September 2009, the Company entered into an $80 million revolving credit facility with World Shipholding Limited, to provide short-term bridge financing, please refer to note 3. As of September 30, 2008, World Shipholding Limited, a company indirectly controlled by Trusts established by John Fredriksen for the benefit of his immediate family owned 46.18% (2008: 45.97%) of Golar.

7.  OTHER COMMITMENTS AND CONTINGENCIES

Assets Pledged

8.  SUBSEQUENT EVENTS

The Company announced that its existing total return swap in its own shares ("TRS" or "equity swap") has terminated. The shares were originally acquired at an average price of NOK 41.00, which based on the closing price of Golar shares on November,18 2009 of NOK 73.00, will realise a gain of approximately USD1.7m after taking into account financing costs. Concurrently with the termination of the TRS, Golar has

13

directly acquired 300,000 shares at an average price of NOK73.00 (approximately USD13.04). After this transaction the Company holds a total of 450,000 shares in its own right.

The company has sold a block of 9.6 million LNG Limited shares to institutional investors. Golar LNG Limited's holding after this sale amounts to approximately 6.3% of LNG Limited's issued share capital. The sale will realise funds of approximately USD 11 million and result in an accounting profit of approximately USD 8 million.

In November 2009 the Company repaid $20 million of the loan owed to World Shipholding. The balance remaining on this loan now amounts to $10 million.

14