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Golar LNG (NASDAQ:) Limited (Golar) is pleased to denote that connected January 18, 2025, FLNG (OL:) Gimi received provender state from the bp operated FPSO connected the Greater Tortue Ahmeyim (GTA) task offshore Mauritania and Senegal. Full commissioning of the FLNG has present commenced. Prior to achieving this cardinal milestone, state from the LNG bearer British Sponsor was being utilized to undertake precocious commissioning work. Receipt of state from the FPSO allows the afloat commissioning enactment to ramp up. The archetypal LNG export cargo is present expected wrong Q1 2025, and afloat Commercial Operations Date (COD) is expected wrong Q2 2025, taxable to each conditions being met.
First state to the FLNG volition effect successful the last upward accommodation to the Commissioning Rate nether the commercialized reset agreed successful August 2024. COD volition trigger the commencement of the 20-year Lease and Operate Agreement that unlocks the equivalent of astir $3 cardinal of Adjusted EBITDA Backlog (Golar's share) and designation of contractual payments comprised of superior and operating elements successful some the equilibrium expanse and income statement.
FORWARD LOOKING STATEMENTS
This property merchandise contains forward-looking statements (as defined successful Section 21E of the Securities Exchange Act of 1934, arsenic amended) which bespeak management's existent expectations, estimates and projections astir its operations. All statements, different than statements of humanities facts, that code activities and events that will, should, could oregon whitethorn hap successful the aboriginal are forward-looking statements. Words specified arsenic may, could, should, would, expect, plan, anticipate, intend, forecast, believe, estimate, predict, propose, potential, continue, taxable to oregon the antagonistic of these presumption and akin expressions are intended to place specified forward-looking statements.
These statements are not guarantees of aboriginal show and are taxable to definite risks, uncertainties and different factors, immoderate of which are beyond our power and are hard to predict. Therefore, existent outcomes and results whitethorn disagree materially from what is expressed oregon forecasted successful specified forward-looking statements. You should not spot undue reliance connected these forward-looking statements, which talk lone arsenic of the day of this property release. Golar LNG Limited undertakes nary work to update publically immoderate forward-looking statements whether arsenic a effect of caller information, aboriginal events oregon otherwise, unless required by applicable law.
Hamilton, Bermuda
January 21, 2025
Investor Questions: +44 207 063 7900
Karl Fredrik Staubo - CEO
Eduardo Maranhão - CFO
Stuart Buchanan - Head of Investor Relations
This accusation is taxable to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act
Source: Golar LNG
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