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Golar LNG ( (GLNG) ) has issued an update.
On January 18, 2025, Golar LNG Limited announced that its FLNG Gimi received its first feed gas from the bp-operated FPSO at the Greater Tortue Ahmeyim project offshore Mauritania and Senegal. This marks the beginning of full commissioning, with the first LNG export cargo expected within the first quarter of 2025 and full commercial operations anticipated in the second quarter. The commencement of operations will lead to a 20-year lease and operate agreement, expected to generate around $3 billion in Adjusted EBITDA Backlog for Golar.
More about Golar LNG
Golar LNG Limited is a company operating in the liquefied natural gas (LNG) industry, primarily focusing on the provision of floating LNG infrastructure. The company is involved in LNG shipping, floating storage, and regasification, as well as floating liquefaction, with a market focus on enabling the monetization of natural gas resources.
YTD Price Performance: -4.61%
Average Trading Volume: 1,292,582
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $4.37B
Find detailed analytics on GLNG stock on TipRanks’ Stock Analysis page.
