Golar LNG Limited ( (GLNG) ) has released its Q2 earnings. Here is a breakdown of the information Golar LNG Limited presented to its investors.
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Golar LNG Limited is a company specializing in the development and operation of floating liquefied natural gas (FLNG) vessels, providing innovative solutions for the liquefaction and transportation of natural gas.
In its latest earnings report for the second quarter of 2025, Golar LNG Limited reported a net income of $16 million and an Adjusted EBITDA of $49 million. The company highlighted significant developments including the conclusion of a 20-year charter of its FLNG Hilli in Argentina and the signing of agreements for a new MKII FLNG unit, both with Southern Energy S.A.
Key financial metrics from the report indicate a 17% increase in total operating revenues compared to the same period last year, reaching $75.7 million. The company also closed a $575 million offering of convertible senior notes and repurchased 2.5 million common shares. Additionally, Golar’s FLNG Gimi has reached its Commercial Operations Date, marking the start of a 20-year lease term with BP.
Strategically, Golar is progressing with the development of its next FLNG unit, driven by strong commercial interest and the proven benefits of FLNG solutions over traditional land-based terminals. The company is also exploring financing options for its projects, including potential alternative debt refinancing for the FLNG Gimi.
Looking ahead, Golar LNG Limited remains focused on expanding its FLNG fleet and securing long-term charters, with management expressing confidence in the continued demand for its services. The company aims to leverage its unique position as a leading provider of FLNG solutions to capitalize on market opportunities and drive future growth.