Golar spins off LNG carrier business to focus on FLNG
The board of Golar LNG has decided to spin off the company’s LNG carrier business and focus its future activities on FLNG and downstream assets with long-term contracts. The company saw its vessel operating revenue drop this quarter on lower utilisation and charter rates, while its FLNG unit posted a $58m operating income
Company sees a ‘significant pipeline’ of FLNG opportunities
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