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Discover how we are leveraging floating LNG technology to advance the energy transition, promote a circular economy, and benefit local communities

As our summer internship program comes to a close, we're proud of the contributions from our interns across various projects, including Commercial, Business Intelligence, ESG analysis, Process Engineering, and Training & Competence. Thank you for your hard work and dedication this summer!

Golar LNG signs agreement for 20-year FLNG deployment in Argentina Golar LNG Ltd. has entered into definitive agreements with Pan American Energy (“PAE”) for a 20-year deployment of a Floating Liquefied Natural Gas (“FLNG”) vessel in Argentina. The FLNG project will monetize Argentine gas, tapping into the vast resources from the Vaca Muerta shale formation in the Neuquina Basin, the world's second-largest shale gas resources. The project is expected to start LNG exports within 2027, establishing Argentina as an LNG exporter. This strategic venture is built on a robust commercial foundation, featuring: (i) a Gas Sales Agreement from PAE for the supply of gas; and (ii) an FLNG charter agreement with Golar which includes a base tariff and commodity exposure to LNG sales prices. The project aims to utilize Golar’s FLNG Hilli, with a nameplate capacity of 2.45 million tons per annum (“mtpa”), providing an equivalent net tariff of US$2.6/mmBtu (based on 90% capacity utilization) with an additional commodity-linked pricing element. Golar has flexibility to consider a swap alternative for another suitable Golar FLNG unit. As part of the agreements, Golar will hold a 10% stake in Southern Energy S.A., a dedicated joint venture with PAE, responsible for the purchase of domestic natural gas, operations, and sale and marketing of LNG volumes from Argentina. Read more here: https://lnkd.in/dUSjrAxZ  

Our latest ESG report is out! Read the full report here: https://lnkd.in/dTi3aYJc

Welcome Federico!   We are pleased to announce the appointment of Federico Petersen as Chief Commercial Officer for Golar LNG. Federico has 20 years of Business Development and M&A experience in the oil and gas industry from VTTI, Schlumberger, Equinor, BG Group and Wintershall. He will be based out of Golar's London office. We look forward to having Federico spearhead our commercial efforts as we move closer on Hilli re-contracting and developing our FLNG growth ambitions. Join us in welcoming Federico to the team! Connect with him here: https://lnkd.in/dy6Xp98k