Q4 2022 Golar LNG Ltd Earnings Call Transcript

Feb 28, 2023 / 01:00PM GMT
Operator

Welcome to the Golar LNG Limited Q4 2022 Results Presentation. After the slide presentation by CEO, Karl Fredrik Staubo; and CFO, Eduardo Maranhao, there will be a question-and-answer session. (Operator Instructions)

I will now pass you over to Karl Fredrik Staubo. Karl, please go ahead.

Karl Fredrik Staubo - Golar LNG Limited - CEO

Thank you, operator, and welcome to Golar LNG's Q4 earnings results presentation. My name is Karl Fredrik Staubo, CEO of Golar LNG. I'm accompanied today by our CFO, Mr. Eduardo Maranhao, to present this quarter's results.

Before we get into the presentation, please note the forward-looking statements on Slide 2.

Turning to Slide 3. This morning, we sold our remaining shareholding in Cool Company Ltd. for a net proceeds of about $56 million.

Since our last earnings call, we have also exited our shareholding in New Fortress Energy and bought back their stake in our FLNG Hilli. Our only current shareholding is Avenir LNG with a book value of around $42 million.

Our core business is

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