Golar LNG agrees $1.6B deal with CIMC Raffles for FLNG vessel conversion, aiming to increase capacity by 70%.

Golar LNG Limited has signed a $1.6 billion EPC agreement with CIMC Raffles to convert the LNG carrier Fuji LNG into a Floating LNG Production (FLNG) vessel, with a capacity of 3.5 million tonnes per annum. The total project budget is $2.2 billion, with delivery expected in Q4 2027. This MK II design aims to enhance efficiency and modularity, positioning Golar to increase its liquefaction capacity by 70% and meet market demand for gas monetization.

September 18, 2024
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