FLNG Gimi Received First Gas From the GTA Field

Core Points - Golar LNG Limited announced that FLNG Gimi received feed gas from the bp operated FPSO on the Greater Tortue Ahmeyim project, marking the commencement of full commissioning [1] - The first LNG export cargo is expected in Q1 2025, with full Commercial Operations Date anticipated in Q2 2025, contingent on meeting all conditions [1] - The receipt of gas will lead to an upward adjustment to the Commissioning Rate under the commercial reset agreed in August 2024, triggering a 20-year Lease and Operate Agreement [2] - This agreement is expected to unlock approximately $3 billion of Adjusted EBITDA Backlog, which includes both capital and operating elements recognized in the balance sheet and income statement [2]