Golar LNG Secures $600 Million Revolving Credit Facility Backed by MKII FLNG
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Golar LNG ( (GLNG) ) has provided an update.
On August 3, 2026, Golar LNG Limited announced the closing of a new $600 million senior secured revolving credit facility, bolstering its liquidity and financial flexibility. The facility is secured by Golar’s investment in the MKII FLNG unit, which is being converted in China to serve a 20-year LNG contract with Southern Energy S.A. in Argentina.
The revolving credit facility received strong support from a banking consortium that includes ABN AMRO, Citibank, Danske Bank and Standard Chartered Bank, signaling confidence in Golar’s FLNG-focused business model. The added financing capacity is intended to facilitate further FLNG growth, reinforcing the company’s positioning in the floating LNG infrastructure market and its ability to develop future projects.
The most recent analyst rating on (GLNG) stock is a Buy
with a $66.00 price target.
To see the full list of analyst forecasts on Golar LNG stock,
see the GLNG Stock Forecast page.
Spark’s Take on GLNG Stock
According to Spark, TipRanks’ AI Analyst, GLNG is a Neutral.
The score is driven primarily by improving profitability and strong earnings-call visibility (large backlog and expected EBITDA ramp), offset by consistently negative free cash flow and higher leverage. Technical indicators are currently weak, while valuation appears reasonable with a modest dividend.
To see Spark’s full report on GLNG stock,
click here.
More about Golar LNG
Golar LNG Limited is a Bermuda-based company operating in the liquefied natural gas (LNG) sector, with a focus on floating LNG (FLNG) infrastructure and long-term contracted projects. Its portfolio includes investments such as the MKII FLNG unit, which is being converted in China to serve a 20-year LNG contract with Southern Energy S.A. in Argentina.
Golar LNG Limited has developed a business model centered on securing long-duration contracts for its FLNG assets, leveraging financial structuring and partnerships with international banks to support growth. The company targets global LNG markets where floating solutions can monetize gas resources efficiently and flexibly.
On August 3, 2026, Golar LNG Limited announced the closing of a new $600 million senior secured revolving credit facility. The facility is secured by the company’s investment in the MKII FLNG unit under conversion in China for its 20-year Argentine contract.
The new revolving credit facility, backed by a consortium including ABN AMRO, Citibank, Danske Bank and Standard Chartered Bank, enhances Golar’s balance sheet flexibility and supports further FLNG expansion. The transaction underscores lender confidence in Golar’s long-term FLNG strategy and strengthens its financial capacity to pursue additional growth projects.
Average Trading Volume: 1,426,117
Technical Sentiment Signal: Strong Buy
Current Market Cap: $4.99B
Learn more about GLNG stock on TipRanks’ Stock Analysis page.
