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Golar LNG Ltd GLNG

Golar LNG Limited designs, owns and operates marine infrastructure for the liquefaction of natural gas and the regasification, storage and offloading of liquefied natural gas (LNG). Its segments include FLNG, Corporate and other, and Shipping. The FLNG segment includes its operations of FLNG vessels or projects. It converts LNG carriers into FLNG vessels or builds new FLNG vessels and subsequently contracts them out to customers. The FLNG segment relates to activities of the FLNG Hilli and its other FLNG projects. The Shipping segment includes its operations of the transportation of LNG carriers. Its fleet is comprised of two LNG carriers and two FLNGs. It also provides FLNG commercial, operational and technical support, crew management services and supervision, corporate secretarial, accounting, and treasury services. It operates in Bermuda, the United Kingdom, Norway, Cameroon, and Croatia.


NDAQ:GLNG - Post by User

Bullboard Posts
Comment by chux02on Mar 23, 2012 9:17pm
59 Views
Post# 19712542

RE: RE: 4.00 on high volume.

RE: RE: 4.00 on high volume.

I agree!! I just read a piece yesterday that said that an investment in GLNG is a good way to invest in the broader worldwide LNG market. With both the export terminals at Sabine Pass on the Gulf coast and the Canadian version located on Canada's west coast near Kitimat just starting development work for exports planned in 2015, the future is indeed bright for investing in nat gas converted to LNG for export markets in Europe and Asia. And Golar, in transporting this brand new megatrend for North America, should also do very well in the next decade or so. This is a great opportunity with an outstanding company.

from their website:

We are one of the world’s largest independent owners and operators of LNG carriers with over 30 years of experience. We developed the world’s first Floating Storage and Regasification Unit (FSRU) projects based on the conversion of existing LNG carriers. We lead the industry with committed projects. We are progressing plans to grow our business further upstream via Floating liquefaction (FLNG). Our strategic objective is to become an integrated midstream player in the LNG industry.

https://www.golar.com/

Bullboard Posts