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Q4 record profit ends golden 2021 for Flex LNG

A ”red-hot” LNG market in December 2021 was felt at Flex LNG, which landed a record result in Q4 and ended 2021 with a significant profit. 2022 will be similar to 2021, predicts management.

Flex LNG's CEO, Øystein M. Kalleklev. | Photo: Flex LNG

Flex LNG, which carries liquefied natural gas (LNG), ended a golden 2021 with record earnings in the fourth quarter.

According to an announcement on the financial results, the John Fredriksen-controlled company traded for USD 114.6m in Q4 and landed a net result of USD 69.4m. Both figures are company records.

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