John Fredriksen’s decision to sell down the bulk of his stock in Golar LNG surprised few in the LNG sector but piqued the interest of many on how the company will move forward.

Golar announced chairman Fredriksen’s private World Shipholding company is in the process of selling 27.82 million shares, which would axe his stake from 36.2% to 6.4% — or 1.9%