Capital Finance International (“CFI”) has awarded its Best Energy Business Strategy, North America 2021 Award to Golar LNG Limited (“Golar”).

In its citation for the award, CFI highlighted Golar’s commitment to repurposing existing assets and using those assets to produce and regasify cleaner burning LNG, facilitating a quicker transition away from higher polluting fossil fuels. Also cited was Golar’s commitment to innovation in the field of energy efficiency and evaluation of new technology and alternatives that could further reduce the carbon footprint of LNG.

Commenting on the award, Chief Executive Officer Karl-Fredrik Staubo said: “Golar has a history of being an LNG market entrepreneur at the forefront of some of the key technology advances in the LNG industry, including first mover into FSRUs and FLNGs.

Repurposing of assets and innovation focused on energy efficiency makes financial sense for both Golar and its customers and reduces the environmental footprint of LNG. We are very grateful to be recognized by CFI for our long-standing efforts in contributing to strengthen LNG’s relative competitiveness in the global energy market.”

Source: Nasdaq