ExpansionAug 13, 2026, 06:36 AM
Golar LNG Orders 4th FLNG Unit; Q2 Adj. EBITDA +159% to $127M
AI Summary
Golar LNG reported strong Q2 2026 financial results, with Adjusted EBITDA up 159% to $127 million and net income attributable to Golar rising 145% to $38.3 million. The company announced a Final Investment Decision for its 4th FLNG unit, a 3.5 MTPA MKII with an EPC contract signed for approximately $2.45 billion, expected for delivery by end 2029. Golar also secured a $600 million Revolving Credit Facility and declared a $0.25 per share dividend, while its FLNG Hilli and Gimi units demonstrated excellent operational performance.
Key Highlights
- Ordered 4th FLNG unit (3.5 MTPA MKII) for $2.45 billion, with delivery by end 2029.
- Q2 2026 Adjusted EBITDA increased 159% to $127 million.
- Q2 2026 Net income attributable to Golar LNG rose 145% to $38.3 million.
- Secured $600 million Revolving Credit Facility (RCF) for FLNG Esperanza.
- FLNG Hilli completed 8-year contract with 100% uptime, repositioning for 20-year contract.
- FLNG Gimi overproduced 15% above contractual volume in Q2 2026.
- Declared a quarterly dividend of $0.25 per share.
- Total Golar Cash was $0.9 billion; Golar's share of contractual debt was $2.7 billion.
Price Impact
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