Tor Olav Troim-controlled Golar LNG is shedding around one third of its 8.9% shareholding in US-listed New Fortress Energy in a sale that will net it around $250m.

Golar said it has sold 18.6m of the New Fortress shares it received on the completion of the sale of its Hygo Energy Transition business to the Wes Edens-led company in April 2021.