Brief: Awilco LNG Q4 EBITDA down at $5.8 million

Alng ASA

12/02/2016 07:03

Feb 12 (Reuters) - Awilco LNG ASA  ALNG.OL : 
    * Q4 freight income $9.6 million versus $17.7 million year ago 
    * Q4 EBITDA $5.8 million versus $8.5 million year ago 
    * Scheduled new LNG production coming on stream is expected to gradually improve the market 
during 2016 
    * Current oversupply of vessels will have to be absorbed before rates and utilisation can be 
expected to improve substantially 
 
Source text for Eikon:  ID:nObiVFxGda  
     
Further company coverage:  ALNG.OL  
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))