Golar LNG enters into agreements for maiden floating liquefaction vessel Golar LNG has executed and made effective key agreements for conversion of the 125,000 m3 LNG carrier Hilli to a floating liquefaction vessel. The primary contract for the FLNGV was entered into with Singapore's Keppel Shipyard. The conversion has been approved in principle by DNV in accordance with their classification rules and international standards. The conversion is scheduled to be completed in February 2017.
Golar LNG volatility elevated on sharp price movement Golar LNG November call option implied volatility is at 98, December is at 86, January is at 80; compared to its 26-week average of 48 according to Track Data, suggesting large near term price movement.