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Golar LNG ( (GLNG) ) has provided an update.
On February 13, 2025, Golar LNG Limited announced the sale of its last LNG carrier, Golar Arctic, for USD 24 million, marking its exit from the LNG shipping segment. This strategic move completes Golar’s transition to a focused FLNG infrastructure company, a shift from its 50-year history in LNG shipping, and underscores its commitment to expanding its market-leading position in FLNG solutions.
More about Golar LNG
Golar LNG Limited operates in the energy industry, primarily focusing on maritime LNG infrastructure. It offers services including Floating Storage and Regasification Units (FSRUs) and Floating Liquefied Natural Gas (FLNG) solutions, establishing a leading position in the FLNG market.
YTD Price Performance: -8.14%
Average Trading Volume: 1,304,015
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $4.21B
For an in-depth examination of GLNG stock, go to TipRanks’ Stock Analysis page.
