We are a leading independent owner and operator of LNG carriers and FSRUs, and a pioneer developer of FLNGVs. Our vision is to break the mould in LNG. Our aim is to use our maritime expertise and innovative floating LNG assets to provide the most competitive LNG solution to monetise natural gas reserves and deliver LNG. Golar’s flexible, low-cost, fast-track LNG-based solutions are designed to thrive in a low commodity price environment.
Our proven ability to turn aspiration into reality as evidenced by our innovations informs our belief in our vision.
Our vessels provide liquefaction, transport, storage and regasification services to leading participants in the LNG industry including Shell, ENI S.p.A, Petrobras, Dubai Supply Authority, PT Pertamina (Persero), Kuwait National Petroleum Company, the Government of Jordan, and Fortress Energy Partners, as well as LNG trading houses. Our first FLNG vessel will shortly go into service off the coast of Cameroon for Perenco.
Through our joint venture with Stonepeak, Golar Power, we are further growing our business by developing selective investments in downstream power projects that will open new markets for LNG and FSRUs.
Golar has clear goals:
- To capture value at every point along the LNG supply chain from well to grid.
- To expand our presence in the LNG midstream where the margins are strong and the competition is weak.
Our lean business model allows us to thrive even when commodity prices are low. The price of natural gas looks set to remain low for some time. This has the potential to see gas displace other fossil fuels, and see gas playing a bigger role in the energy mix. Our flexible, low-cost, fast-track solutions can support this.