Golar LNG Ltd. Reports 17% Increase in Q2 2025 Total Operating Revenues, Net Income Down 13%
Reuters
Aug 14
Golar LNG Ltd. Reports 17% Increase in <a href="https://laohu8.com/S/QTWO">Q2</a> 2025 Total Operating Revenues, Net Income Down 13%
Golar LNG Ltd. reported its interim financial results for the second quarter of 2025, revealing a net income attributable to Golar of $16 million, down 40% compared to $25.9 million in the same quarter of 2024. Total operating revenues for Q2 2025 increased by 17% to $75.7 million from $64.7 million in Q2 2024. Adjusted EBITDA for the quarter was $49.3 million, marking a 16% decrease from $58.7 million in the previous year. Year-to-date figures show a net income of $43.7 million, a significant 57% decline from $101.7 million in the same period of 2024. Operating revenues year-to-date rose by 7% to $138.2 million, compared to $129.6 million in the previous year. Significant business updates include Golar's conclusion of a 20-year charter of FLNG Hilli in Argentina with Southern Energy S.A., contributing to an Adjusted EBITDA backlog of $5.7 billion. Additionally, Golar reached a Final Investment Decision for another 20-year charter for the MKII FLNG with SESA, adding an $8 billion Adjusted EBITDA backlog, with final regulatory approvals expected within 2025.
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