Nasdaq-quoted Golar racked up a deficit of $24.2m in the three months to 30 June, versus a gain of $59m in the same period a year prior.

The company, which is based in Bermuda and Norway, reported earnings before interest, taxes, depreciation and amortization of $1.1m and an adjusted loss of $0.02 per share.

Golar pointed out that its newbuilding programme is fully funded but failed to shed light on the status of contract negotiations related to the deployment of its first FLNG unit.

While