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Golar Secures 20-Year FLNG Hilli And MKII FLNG Charters With SESA, Adding $13.7B Earnings Backlog

Benzinga·05/02/2025 07:57:26
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Key commercial terms for the respective 20-year charter agreements include:

  • FLNG Hilli (nameplate capacity of 2.45 MTPA): Expected contract start-up in 2027, net charter hire to Golar of US$ 285 million per year, plus a commodity linked tariff component of 25% of Free on Board ("FOB") prices in excess of US$ 8/mmbtu.
  • MKII FLNG (nameplate capacity of 3.5 MTPA): Expected contract start-up in 2028, net charter hire to Golar of US$ 400 million per year, plus a commodity linked tariff component of 25% of FOB prices in excess of US$ 8/mmbtu.