diff --git a/.github/release-please/manifest.json b/.github/release-please/manifest.json
index ee2bfff43..1b1f6a809 100644
--- a/.github/release-please/manifest.json
+++ b/.github/release-please/manifest.json
@@ -1,3 +1,3 @@
 {
-  ".": "0.9.3"
+  ".": "0.9.4"
 }
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 5d1745219..333473931 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,17 @@
 # Changelog
 
+## [0.9.4](https://github.com/fluencelabs/aqua/compare/aqua-v0.9.3...aqua-v0.9.4) (2023-02-01)
+
+
+### Bug Fixes
+
+* Canonicalize variable in object creation or copy if variable is a stream ([#649](https://github.com/fluencelabs/aqua/issues/649)) ([fedd743](https://github.com/fluencelabs/aqua/commit/fedd743721c33ccee51b2b6b8efff2b032586329))
+
+
+### Performance Improvements
+
+* Unfold variables in parallel where it is possible (fixes LNG-109 ) ([#656](https://github.com/fluencelabs/aqua/issues/656)) ([439f2cd](https://github.com/fluencelabs/aqua/commit/439f2cde03b5bca99b072bf7cad389168b8ad0fa))
+
 ## [0.9.3](https://github.com/fluencelabs/aqua/compare/aqua-v0.9.2...aqua-v0.9.3) (2023-01-20)
 
 
diff --git a/api/aqua-api-npm/package-lock.json b/api/aqua-api-npm/package-lock.json
index 01f436541..ee7453cad 100644
--- a/api/aqua-api-npm/package-lock.json
+++ b/api/aqua-api-npm/package-lock.json
@@ -1,12 +1,12 @@
 {
   "name": "@fluencelabs/aqua-api",
-  "version": "0.9.3",
+  "version": "0.9.4",
   "lockfileVersion": 2,
   "requires": true,
   "packages": {
     "": {
       "name": "@fluencelabs/aqua-api",
-      "version": "0.9.3",
+      "version": "0.9.4",
       "license": "Apache-2.0",
       "devDependencies": {
         "@fluencelabs/fluence": "0.28.0"
diff --git a/api/aqua-api-npm/package.json b/api/aqua-api-npm/package.json
index 9f31ab2ea..a141933e5 100644
--- a/api/aqua-api-npm/package.json
+++ b/api/aqua-api-npm/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@fluencelabs/aqua-api",
-  "version": "0.9.3",
+  "version": "0.9.4",
   "description": "Aqua API",
   "type": "commonjs",
   "files": [
diff --git a/build.sbt b/build.sbt
index b927c5d20..c3ea51b71 100644
--- a/build.sbt
+++ b/build.sbt
@@ -2,7 +2,7 @@ val dottyVersion = "3.2.2"
 
 scalaVersion := dottyVersion
 
-val aquaVersion = "0.9.3"
+val aquaVersion = "0.9.4"
 
 val catsV = "2.8.0"
 val catsParseV = "0.3.8"
diff --git a/cli/cli-npm/package-lock.json b/cli/cli-npm/package-lock.json
index 7ef1988a4..6013956de 100644
--- a/cli/cli-npm/package-lock.json
+++ b/cli/cli-npm/package-lock.json
@@ -1,12 +1,12 @@
 {
   "name": "@fluencelabs/aqua",
-  "version": "0.9.3",
+  "version": "0.9.4",
   "lockfileVersion": 2,
   "requires": true,
   "packages": {
     "": {
       "name": "@fluencelabs/aqua",
-      "version": "0.9.3",
+      "version": "0.9.4",
       "license": "Apache-2.0",
       "dependencies": {
         "@fluencelabs/aqua-ipfs": "0.5.8",
diff --git a/cli/cli-npm/package.json b/cli/cli-npm/package.json
index ecb049115..5420f2a87 100644
--- a/cli/cli-npm/package.json
+++ b/cli/cli-npm/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@fluencelabs/aqua",
-  "version": "0.9.3",
+  "version": "0.9.4",
   "description": "Aqua compiler",
   "type": "module",
   "files": [
diff --git a/language-server/language-server-npm/package-lock.json b/language-server/language-server-npm/package-lock.json
index 3f3c7d6da..f45dc654f 100644
--- a/language-server/language-server-npm/package-lock.json
+++ b/language-server/language-server-npm/package-lock.json
@@ -1,12 +1,12 @@
 {
   "name": "@fluencelabs/aqua-language-server-api",
-  "version": "0.9.3",
+  "version": "0.9.4",
   "lockfileVersion": 2,
   "requires": true,
   "packages": {
     "": {
       "name": "@fluencelabs/aqua-language-server-api",
-      "version": "0.9.3",
+      "version": "0.9.4",
       "license": "Apache-2.0"
     }
   }
diff --git a/language-server/language-server-npm/package.json b/language-server/language-server-npm/package.json
index 99c730952..95f4b63a5 100644
--- a/language-server/language-server-npm/package.json
+++ b/language-server/language-server-npm/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@fluencelabs/aqua-language-server-api",
-  "version": "0.9.3",
+  "version": "0.9.4",
   "description": "Aqua Language Server API",
   "type": "commonjs",
   "files": [