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Golar LNG’s FLNG Gimi Achieves First LNG Offload

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Golar LNG’s FLNG Gimi Achieves First LNG Offload

The latest update is out from Golar LNG ( (GLNG) ).

On April 17, 2025, Golar LNG announced the successful offload of its first full LNG cargo from FLNG Gimi to the LNG carrier British Sponsor, marking Mauritania and Senegal’s entry into the international gas market. This milestone triggers a pre-Commercial Operations Date bonus payment to Golar and sets the stage for a Q2 2025 Commercial Operations Date, which will initiate a 20-year Lease and Operate Agreement, unlocking approximately $3 billion in Adjusted EBITDA backlog for Golar.

Spark’s Take on GLNG Stock

According to Spark, TipRanks’ AI Analyst, GLNG is a Neutral.

Golar LNG shows a moderate overall stock score, reflecting its transitional financial performance and robust earnings call guidance. The high P/E ratio and challenges in achieving positive cash flow are key concerns, while strategic transitions and a solid backlog offer potential for future growth. Technical indicators suggest stability but lack clear momentum, tempering the outlook.

To see Spark’s full report on GLNG stock, click here.

More about Golar LNG

Golar LNG Limited operates in the liquefied natural gas (LNG) industry, focusing on the development and operation of floating LNG (FLNG) facilities. The company provides services related to the production, storage, and offloading of LNG, with a market focus on introducing new regions to the international gas market.

YTD Price Performance: -11.10%

Average Trading Volume: 1,756,454

Technical Sentiment Signal: Sell

Current Market Cap: $3.88B

See more insights into GLNG stock on TipRanks’ Stock Analysis page.

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