Golar LNG Ltd.

Shipping
NASDAQ: GLNG
UK

"Iran is pushing to find new ways to extract and export its vast natural-gas reserves, including developing facilities to liquefy the commodity and ship it to Europe in two years, now that Western sanctions have lifted, according to a top Iranian official... Mr. Kameli said his company is also in talks with European companies, including Oslo- and Nasdaq-listed Golar LNG Ltd., to build floating LNG facilities—offshore vessels on which the gas would be liquefied. Such a project would take 'less than two years,' he said. Golar declined to comment. Once LNG facilities are in place, Mr. Kameli said, exports to 'Europe definitely could be considered.'" (The Wall Street Journal, “Iran Seeks Rapid Reboot for Natural Gas Exports,” 1/26/2016)