In a client briefing an analyst at Wells Fargo Securities argued that the deals are a positive development but not a game changer.
Michael Webber pointed out that LNG carriers are no longer the “primary driver” for Golar, which trades on Nasdaq under the ticker “GLNG”.
“While LNG carriers are no longer the primary driver for the GLNG story (it's now a FLNG concept stock) a deal like this isn't as meaningful as it once was for GLNG, particularly since the carriers are financed,” the forecaster wrote.
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