Q1 2024 Cool Company Ltd Earnings Call Transcript

May 22, 2024

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May 22, 2024 / 12:00PM GMT
Operator

Good day everyone and welcome to the Cool Company Limited Q1 2024 business update. (Operator Instructions) Please note today's call is being recorded and I'll be standing by if you should need any assistance. It is now my pleasure to turn the call over to Richard Tyrrell, CEO. Please go ahead.

Richard Tyrrell - Cool Company Limited - CEO

Thanks, Todd. Good morning to those in the US and good afternoon to those in Europe and further East. Welcome to CoolCo's first-quarter 2024 results presentation. Please turn to slide 3, CoolCo at a glance. I'm pleased to be able to present a set of results that have benefited from our charter backlog, something that has grown materially since the end of the quarter with the announcement of the largest single contract CoolCo has ever entered into, namely last week's 14-year charter with GAIL of India, who have the option to extend by two years at the end of the period.

Well, that's taken some patience. This is an exciting development that I'll get back to later in the presentation. Our backlog helps TCE for the quarter

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