Q3 2024 Golar LNG Ltd Earnings Call Transcript

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Nov 12, 2024

Nov 12, 2024 / 01:00PM GMT
Karl Staubo - Golar LNG Ltd - Chief Executive Officer

Thank you. Hello, and good morning, and welcome to Golar LNG's Q3 2024 Earnings Results Presentation. My name is Karl Fredrik Staubo, the CEO of Golar LNG, and I'm accompanied today by our CFO, Mr. Eduardo Maranhao, to present this quarter's results. Before we get into the presentation, please note the forward-looking statements on slide 2.

We start on slide 3 and an overview of Golar. During Q3, we ordered our third FLNG, a MK II FLNG, with an annual liquefaction capacity of 3.5 million tonnes per annum. This represents a 70% increase to Golar's own liquefaction capacity, and the MK II FLNG will deliver within 2027. This will be the first available FLNG for a charter globally. We will provide further information on the value proposition of the MK II FLNG later in the presentation.

We've also seen positive progress for our two existing FLNGs on the water. Hilli continued her market-leading operational performance during the quarter, and positive progress have been made on the conditions precedent for her redeployment under a new 20

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