Golar LNG’s FLNG Gimi Commences Operations in Mauritania and Senegal

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

On June 23, 2025, Golar LNG Limited announced that its FLNG Gimi has reached the Commercial Operations Date for the Greater Tortue Ahmeyim project offshore Mauritania and Senegal. This milestone initiates a 20-year Lease and Operate Agreement, unlocking approximately $3 billion of Adjusted EBITDA backlog for Golar. The achievement positions Mauritania and Senegal as new LNG exporters and marks a significant development in one of Africa’s deepest offshore projects. Following this, Golar is advancing its FLNG growth strategy, with plans for additional units and ongoing commercial discussions to meet charterer demand.

The most recent analyst rating on (GLNG) stock is a Buy with a $53.00 price target. To see the full list of analyst forecasts on Golar LNG stock, see the GLNG Stock Forecast page.

Spark’s Take on GLNG Stock

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

Golar LNG’s overall score reflects a company with strong technical momentum and promising long-term contracts but facing immediate challenges in valuation and cash flow management. The earnings call highlighted strategic strength, though market conditions and undervaluation concerns weigh on the score.

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

More about Golar LNG

Golar LNG Limited is a company operating in the liquefied natural gas (LNG) industry, focusing on the development and operation of floating LNG (FLNG) facilities. The company is involved in projects that convert natural gas into LNG for export, with a market focus on offshore developments.

Average Trading Volume: 1,748,902

Technical Sentiment Signal: Buy

Current Market Cap: $4.35B

For a thorough assessment of GLNG stock, go to TipRanks’ Stock Analysis page.