Golar LNG Secures Major FLNG Charter Agreement in Argentina

Golar LNG Ltd., an integrated midstream LNG services provider, has recently secured a significant charter agreement for its Floating Liquefaction (FLNG) vessel, marking a substantial development in its operations. The company, which operates as an independent owner and operator of LNG infrastructure, including carriers, floating storage and regasification units (FSRUs), and FLNG vessels, has reached a Final Investment Decision (FID) with Southern Energy S.A. (SESA) for a 20-year charter of its 3.5MTPA MK II FLNG.

The agreement, which was finalized on August 6, 2025, includes a net charter hire of US$ 400 million per year to Golar. This deal underscores Golar’s strategic positioning within the oil, gas, and consumable fuels industry, supporting resource holders, gas producers, and consumers globally.

The charter agreement is part of a broader LNG momentum in Argentina, where Southern Energy is advancing its LNG scheme. This development is expected to bolster Golar’s growth trajectory, driven by long-term contracts and favorable industry tailwinds.

As of August 5, 2025, Golar LNG’s stock closed at USD 41.41, with a market capitalization of USD 4.31 billion. Despite a high price-to-earnings ratio of 1350.326, the company’s strategic moves, including this major charter agreement, are anticipated to fuel profitability and justify potential upside.

This agreement is a testament to Golar’s robust portfolio and its ability to secure long-term contracts, reinforcing its role as a key player in the LNG sector. The company continues to focus on expanding its operations and enhancing its service offerings to meet the growing demand for LNG infrastructure globally.