Golar LNG orders 4th FLNG unit for 2029 delivery

Golar LNG Limited (NASDAQ: GLNG) (“Golar” or the “Company”) announces today that it has executed an Engineering, Procurement and Construction (“EPC”) agreement with Yantai CIMC Raffles Offshore Limited (“CIMC Raffles”) for its fourth FLNG and second MKII design Floating LNG Production (“FLNG”) vessel with an annual liquefaction capacity of 3.5 Million Tons of LNG Per Annum (“MTPA”). The 4(th) FLNG conversion project has a total budget of approximately US$2.45 billion delivered to its prospective site. Golar’s 4(th) FLNG is expected to be delivered from the shipyard by year end 2029 and will be the earliest available FLNG capacity globally. The attractive delivery is possible due to Golar’s long standing relationships with equipment suppliers and commitments made during the year to secure attractive delivery slots for long lead items. A donor vessel for the conversion project has been secured.