Golar LNG (GLNG) has released an update.
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Golar LNG has announced a final investment decision for a new FLNG project, amidst plans for a 20-year deployment in Argentina with Pan American Energy. Despite reporting a Q3 net loss of $36 million, Golar’s adjusted EBITDA backlog stands at $11 billion, highlighting strong commercial opportunities. The company declared a $0.25 per share dividend and issued a $300 million bond, aiming to unlock significant financial growth through its pioneering FLNG operations.
For further insights into GLNG stock, check out TipRanks’ Stock Analysis page.