Christopher Bass Kay's questions to Golar LNG Ltd (GLNG) leadership • Q3 2024
Question
Christopher Bass Kay of Arctic Securities inquired about Golar's 10% stake in Southern Energy, asking about future CapEx expectations. He also asked for the estimated cost to upgrade and redeploy the Hilli FLNG from its current contract to the new one with Pan American Energy.
Answer
CEO Karl Staubo stated that the all-in cost for redeploying the Hilli, including upgrades for 20-year continuous operation and transit to Argentina, is estimated to be between $200 million and $300 million. CFO Eduardo Maranhao added that Golar's CapEx commitment for its 10% stake in Southern Energy is expected to be in the range of $50 million to $100 million.