Golar under pressure in LNG market

US-based tanker carrier Golar is facing pressure from low LNG rates and finished the second quarter at a deficit.
BY LOUISE VOGDRUP-SCHMIDT

Golar LNG is in the midst of a process to change its fleet, to increasingly consist of FLNGs og FSRUs - floating production and storage facilities for LNG - instead of exclusively operating LNG vessels. And this move is right and not least necessary in the current LNG market, says the company in its second quarter interim report.

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