Should Golar LNG’s FLNG Expansion, Stronger H1 Results and Dividend Hike Require Action From GLNG Investors?

Golar LNG (GLNG) has acquired the LNG carrier Grace Dahlia from NYK Line for conversion into its fourth FLNG vessel. The 177,427cbm Grace Dahlia will have a 20% larger storage capacity than the FLNG Esperanza. Conversion is scheduled at CIMC Raffles' Yantai shipyard, with redelivery expected in 2029. The company noted this represents the world's earliest available FLNG capacity.

Golar LNG, led by Tor Olav Troim, plans to raise $500 million through private notes priced at 99% of par value with a 7.5% annual interest rate, similar to a previous offering.

Golar LNG (GLNG) announced a $500M offering of senior notes due 2031, bearing 7.5% annual interest. The notes will be issued at 99% of their principal amount and are expected to settle on October 8, 2026. The offering is private and targeted at qualified institutional buyers in the U.S. and international investors under Regulation S.

Golar LNG priced a $500M offering of unsecured senior notes due 2031, with a 7.5% annual interest rate. The notes were issued at 99% of face value, raising approximately $495M in gross proceeds before expenses.

San Matías Pipeline secured a $900 million loan for its $1.3 billion gas pipeline project in Argentina, connecting Vaca Muerta to floating LNG units. The pipeline will transport 27 MMcmd of gas, with construction starting in 2026 and completion by 2028. Shareholders include Pan American Energy, YPF, Pampa Energía, Harbour Energy, and Golar LNG.

Golar LNG (GLNG) announced a fourth floating LNG unit, increasing its liquefaction capacity by 41% and potentially raising EBITDA to $1.2B by 2030. The company has a $17B EBITDA backlog and faces shipyard bottlenecks. However, growth comes with higher CapEx and debt, and earnings are tied to LNG prices.