Golar LNG is continuing to work on plans to spin-off its LNG shipping fleet, while it pursues its new strategy of locking away more of its fleet on term business.

Speaking on a first-quarter results briefing, Golar LNG chief executive Iain Ross said: “We are considering all options.”

He acknowledged that there was a high level of frustration around this after plans to get it underway last year with two other shipowners fell foul of the global downturn.