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Q4 2021 Golar LNG Ltd Earnings Call Transcript
Ladies and gentlemen, thank you for standing by, and welcome to Golar LNG Limited quarterly 2021 results call. (Operator Instructions)
I would now like to hand the conference over to your speaker today, Karl Staubo. Please go ahead, sir.
Thank you, and welcome to Golar LNG's Q4 earnings results presentation. Thank you for taking time to dial in. My name is Karl Fredrik Staubo, CEO of Golar LNG. Before we get into the presentation, please note the forward-looking statements on Slide 2. I am accompanied today by Eduardo Maranhao, our CFO.
Given that this is a Q4 presentation, we would like to start today's presentation by a review of the key events that occurred in 2021 as laid out on Slide 4. The year started with the announced sale of Golar's 2 subsidiaries, GMOP and Hygo Energy Transition to New Fortress Energy in January of last year. The transaction closed in April, realizing $130 million in cash proceeds to Golar, as well as 18.6 million shares in New Fortis Energy equivalent to an ownership in
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