Golar LNG
Encyclopedia
Golar LNG is liquefied natural gas
shipping company based in London
and registered in Bermuda
. The company operates 13 LNG carrier
s and is listed on the Oslo Stock Exchange
and NASDAQ
and is controlled by John Fredriksen
.
-based Osprey Maritime in 1997. In 2000 the Fredriksen-controlled World Shipholding started a take-over of Ospray, completed in 2001 when the LNG segments of Osprey were transferred to Golar LNG. It was listed on the Oslo Stock Exchange in 2001 and NASDAQ in 2002.
It operates the world's first regasification vessel Golar Spirit
converted from an LNG carrier.
Liquefied natural gas
Liquefied natural gas or LNG is natural gas that has been converted temporarily to liquid form for ease of storage or transport....
shipping company based in London
London
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...
and registered in Bermuda
Bermuda
Bermuda is a British overseas territory in the North Atlantic Ocean. Located off the east coast of the United States, its nearest landmass is Cape Hatteras, North Carolina, about to the west-northwest. It is about south of Halifax, Nova Scotia, Canada, and northeast of Miami, Florida...
. The company operates 13 LNG carrier
LNG carrier
An LNG carrier is a tank ship designed for transporting liquefied natural gas . As the LNG market grows rapidly, the fleet of LNG carriers continues to experience tremendous growth.-History:...
s and is listed on the Oslo Stock Exchange
Oslo Stock Exchange
The Oslo Stock Exchange serves as the main market for trading in the shares of Norwegian companies. It opens at 9:00am and closes 5:30pm local time...
and NASDAQ
NASDAQ
The NASDAQ Stock Market, also known as the NASDAQ, is an American stock exchange. "NASDAQ" originally stood for "National Association of Securities Dealers Automated Quotations". It is the second-largest stock exchange by market capitalization in the world, after the New York Stock Exchange. As of...
and is controlled by John Fredriksen
John Fredriksen
John Fredriksen, is a Norwegian-born Cypriot oil tanker and shipping tycoon, owner of the world's largest oil tanker fleet, and was Norway's richest man until he chose to abandon his Norwegian citizenship and take up a Cypriot passport. Norwegian magazine Kapital listed Fredriksen in 2010 with a...
.
History
The company was founded in 1946 as Gotaas-Larsen Shipping Company. In 1970 it entered the LNG segment and was bought by SingaporeSingapore
Singapore , officially the Republic of Singapore, is a Southeast Asian city-state off the southern tip of the Malay Peninsula, north of the equator. An island country made up of 63 islands, it is separated from Malaysia by the Straits of Johor to its north and from Indonesia's Riau Islands by the...
-based Osprey Maritime in 1997. In 2000 the Fredriksen-controlled World Shipholding started a take-over of Ospray, completed in 2001 when the LNG segments of Osprey were transferred to Golar LNG. It was listed on the Oslo Stock Exchange in 2001 and NASDAQ in 2002.
It operates the world's first regasification vessel Golar Spirit
Golar Spirit
Golar Spirit is a floating storage and regasification vessel . It is the world's first FSRU converted from an liquified natural gas carrier.-History:...
converted from an LNG carrier.