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NEWBUILDINGS

12 Months Ended

Dec. 31, 2011

14.	NEWBUILDINGS

(in thousands of $)	2011		2010
Purchase price installments		186,159		-
Interest costs capitalized		3,610		-
Other costs capitalized		331		-
		190,100		-

As at December 31, 2011, the Company has entered into newbuilding contracts to construct seven LNG carriers and two FSRUs at a total contract cost of $1.9 billion. See note 30 for the expected timing of the remaining installments to be paid.