Golar LNG Secures Major 20-Year FLNG Deployment Agreement in Argentina

Friday, 5 July 2024, 12:21
Golar LNG experiences a significant surge following the signing of a long-term FLNG deployment contract in Argentina. The agreement involves harnessing the Vaca Muerta shale formation to boost LNG exports, marking a strategic move with long-lasting implications for the company's growth and market presence. The deal underscores Golar LNG's commitment to leveraging key energy resources in Argentina for sustainable expansion and profitability.
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Golar LNG Secures Major 20-Year FLNG Deployment Agreement in Argentina

Golar LNG: Key Highlights

Golar LNG witnessed a substantial jump after finalizing a 20-year FLNG deployment contract in Argentina.

Major Deal in Argentina

The agreement with Argentina focuses on utilizing the abundant resources in the Vaca Muerta shale formation for LNG exports.

Strategic Market Move

  • Golar LNG aims to strengthen its market position by capitalizing on the strategic benefits of the FLNG deployment in Argentina.
  • Expanding Opportunities in the LNG sector through long-term agreements enhances the company's presence in the global energy market.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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