Commodities

Golar LNG Sees Record Earnings as Fourth FLNG Unit Order Boosts Growth

Guavy AI Editorial Team Published August 13, 2026

Instruments

Natural Gas

Golar LNG reported higher second-quarter earnings as its floating liquefied natural gas fleet continued to perform above contracted levels. The company's Chief Executive Officer Karl Fredrik Staubo said they signed an order for a fourth FLNG conversion unit, expected to be available in 2029, which will represent the earliest available global FLNG capacity.

The new unit is part of Golar's growth plans and is expected to increase liquefaction capacity by 41% from 8.6 million tonnes to more than 12 million tonnes on a fully delivered basis. The company has secured long-term commitments for its existing fleet, including the Hilli FLNG, which generated $37 million in commodity-linked earnings during the quarter.

Golar's Chief Financial Officer Eduardo Maranhão said total operating revenue was $130 million in the second quarter, with EBITDA increasing about 20% sequentially to $127 million. The company also declared a quarterly dividend of $0.25 per share and has approximately $900 million in cash.

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