ADVERTISEMENT

Golar LNG Secures $1.2 Billion Finance Lease Deal with Chinese Lenders for FLNG Project

2025-03-21
Golar LNG Secures $1.2 Billion Finance Lease Deal with Chinese Lenders for FLNG Project
Upstream Online

Golar LNG has signed a landmark $1.2 billion finance lease agreement with prominent Chinese leasing companies to refinance its pioneering FLNG Gimi project, marking a significant milestone as the project nears start-up. This strategic deal underscores the growing importance of liquefied natural gas (LNG) in the global energy landscape, with FLNG technology playing a vital role in meeting increasing demand for cleaner energy solutions. As the energy sector continues to evolve, Golar's innovative approach to LNG production is set to make waves in the industry, with the support of key players in the Chinese market. The finance lease agreement is expected to bolster the project's financial stability, paving the way for a successful launch.

ADVERTISEMENT
Recommendations
Recommendations