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Golar LNG eyes better market in spite of deficit

US-based tanker carrier Golar LNG has increased its revenue, but also its deficit, and the company sees signs signs of an improving LNG market, according to the company's second quarter interim report.

Golar LNG finished the second quarter this year with a growth in revenue but also a bigger deficit.

The tanker carrier's second quarter revenue came to USD 18.3 million, up USD 16.5 million from the first quarter this year. Meanwhile, Golar LNG's bottom line deficit grew to USD 99.5 million in the second quarter this year, down USD 80 million compared to the first quarter. In addition to a negative operating profit, the red bottom line was affected by financial items such as interest payments.

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