- Golar LNG Limited (“Golar” or “the Company”) reports Q2 2025 net income attributable to Golar of $16 million, Adjusted EBITDA1 of $49 million and Total Golar Cash1 of $891 million.
- Added $13.7 billion in Adjusted EBITDA backlog1, with further upside in contracted FLNG tariff CPI escalation and significant commodity upside:
- Concluded 20-year charter of FLNG Hilli (“Hilli”) in Argentina with Southern Energy S.A. ("SESA"), with Adjusted EBITDA backlog1 of $5.7 billion.
- Signed definitive agreements and reached Final Investment Decision ("FID") for a 20-year charter for the MKII FLNG, also with SESA, with Adjusted EBITDA backlog1 of $8 billion. Remaining regulatory approvals and customary conditions precedent expected within 2025.
- Commodity upside to Golar of approximately $100 million per year for every US dollar of offtake above $8/MMBtu.
- FLNG Gimi ("Gimi") reached Commercial Operations Date (“COD”).
- Closed offering of $575 million of convertible senior notes due 2030 ("the Notes") and repurchased 2.5 million common shares.
- Appointed new board members, Benoît de la Fouchardiere, Mi Hong Yoon and Stephen J. Schaefer.
- Declared dividend of $0.25 per share for the quarter.
- Progressing contemplated next FLNG unit on the back of strong development of commercial pipeline.
1. Refer to accompanying press release (Report tab) section “Non-GAAP measures” for definition and reconciliation to the most comparable US GAAP measure, where applicable.
