Golar LNG Reports Third Quarter Net Income of $114 Million

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Golar LNG announced its interim results for the period ended September 30, 2023.

Highlights include:

Golar LNG Limited (“Golar” or “the Company”) reports Q3 2023 Net income of $114 million and Adjusted EBITDA1 of $75 million, inclusive of $39 million of non-cash items1.
Total Golar Cash1 of $841 million, inclusive of $114 million of restricted cash.
FLNG Hilli achieved operating milestone as world’s first FLNG to offload 100 LNG cargoes.
FLNG Gimi sailed from Singapore to start its 20-year contract for BP offshore Mauritania and Senegal.
Finalized the sale of 1977 built LNG carrier Gandria.
Continuing development of FLNG growth pipeline.
Repurchased 0.2 million shares at an average cost of $21.36 per share. 105.9 million shares issued and outstanding as of September 30, 2023.
Declared dividend of $0.25 per share for the quarter.

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