With reference to press release 5/2019 and stock exchange announcement 2 August
2019, Awilco LNG ASA (the Company) is pleased to announce that the term sheet
for the refinancing of the Company’s two 2013-built 156,000 cbm TFDE LNG
carriers WilForce and WilPride has today been credit approved.

The sale/leaseback facility is provided by CCB Financial Leasing Co. Ltd.
(CCBFL), a wholly owned subsidiary of China Construction Bank (CCB), and is
expected to enable a full take out of the Company’s current sale/leaseback
facilities at favorable terms. The facility bears a 14-year straight line
amortisation profile, a tenor of 10 years and carries a floating interest rate
structure. 

The facility is expected to close in Q4 2019 subject to final documentation and
customary closing conditions.

Jon Skule Storheill, CEO of Awilco LNG ASA, stated: "We are pleased to mark the
start of our long-term relationship with CCBFL, a leading leasing house in China
and part of one of the largest banks in the world, and believe the terms are
attractive and supportive of the Company’s commercial strategy."


For further information please contact: 

Jon Skule Storheill
Chief Executive Officer
Telephone: 	(47) 22 01 42 09
Mobile: 	(47) 91 34 43 56


Øyvind Ryssdal
Chief Financial Officer
Telephone: 	(47) 22 01 42 81
Mobile: 	(47) 920 14 029