Golar LNG Limited (GLNG) 6-K 31 Aug 22 2022 Q2 Current report (foreign) Financial data

Cover Page

Cover Page	6 Months Ended
	Jun. 30, 2022
Cover [Abstract]
Document Type	6-K
Entity Registrant Name	GOLAR LNG LIMITED
Document Period End Date	Jun. 30, 2022
Entity Central Index Key	0001207179
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q2
Amendment Flag	false

UNAUDITED CONSOLIDATED STATEMEN

UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Total operating revenues	$ 140,165	$ 131,105
Total net income attributable to non-controlling interests	(121,338)	(73,642)
Vessel operating expenses	(36,200)	(34,597)
Voyage, charterhire and commission expenses	(1,459)	(448)
Administrative expenses	(20,063)	(18,038)
Project development expenses	(3,552)	(798)
Depreciation and amortization	(26,880)	(27,734)
Impairment of long-lived assets	(76,155)	0
Total operating expenses	(164,309)	(81,615)
Realized and unrealized gain on oil and gas derivative instruments	447,257	84,165
Other operating income	14,106	0
Total other operating income	461,363	84,165
Operating income	437,219	133,655
Realized and unrealized gains/(losses) on our investment in listed equity securities	295,048	(86,664)
Other non-operating income/(losses)	10,023	(71,431)
Total other non-operating income/(losses)	305,071	(158,095)
Interest income	954	57
Interest expense	(11,435)	(16,568)
Gains on derivative instruments, net	47,877	16,482
Other financial items, net	(3,607)	586
Net financial income	33,789	557
Income before taxes and net income/(losses) from equity method investments	776,079	(23,883)
Income taxes	(184)	(274)
Net income from equity method investments	3,009	157
Net income/(loss) from continuing operations	778,904	(24,000)
Discontinued Operation, Income (Loss) from Discontinued Operation, before Income Tax	(82,352)	594,439
Net income	696,552	570,439
Net income attributable to stockholders of Golar LNG Limited	$ 575,214	$ 496,797
Basic earnings/(loss) per share from continuing operations (in USD per share)	$ 6.16	$ (0.72)
Dilutive earnings/(loss) per share from continuing operations (in USD per share)	6.13	(0.72)
Dilutive (loss)/earnings per share from discontinued operations (in USD per share)	(0.84)	5.23
Basic (loss)/earnings per share from discontinued operations (in USD per share)	$ (0.84)	$ 5.23
Continuing Operations
Total operating revenues	$ 140,165	$ 131,105
Total net income attributable to non-controlling interests	(113,132)	(54,999)
Vessel operating expenses	(36,200)	(34,597)
Voyage, charterhire and commission expenses	(1,459)	(448)
Administrative expenses	(20,063)	(18,038)
Depreciation and amortization	(26,880)	(27,735)
Other operating income	14,106
Realized and unrealized gains/(losses) on our investment in listed equity securities	295,048	(86,664)
Net income from equity method investments	3,009	157
Net income/(loss) from continuing operations	778,904	(24,000)
Discontinued Operations
Total net income attributable to non-controlling interests	(8,206)	(18,643)
Depreciation and amortization	(8,699)	(25,264)
Net income from equity method investments	0	(6,891)
Time and voyage charter revenues
Total operating revenues	3,235	5,690
Liquefaction services revenue
Total operating revenues	123,421	110,134
Vessel and other management fees
Total operating revenues	$ 13,509	$ 15,281

UNAUDITED CONSOLIDATED STATEM_2

UNAUDITED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands		6 Months Ended
		Jun. 30, 2022	Jun. 30, 2021
Net income		$ 696,552	$ 570,439
Other comprehensive income:
Gain associated with pensions, net of tax		88	112
Share of affiliate's comprehensive losses from discontinued operations	[1]	0	(3,147)
Realized accumulated comprehensive income on disposal of investment in affiliate		0	43,380
Net other comprehensive income		88	40,345
Comprehensive income		696,640	610,784
Comprehensive income attributable to:
Stockholders of Golar LNG Limited		575,302	537,142
Continuing Operations
Comprehensive income attributable to:
Non-controlling interests		113,132	54,999
Discontinued Operations
Comprehensive income attributable to:
Non-controlling interests		$ 8,206	$ 18,643
[1]No tax impact for the six months ended June 30, 2022 and 2021.

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Current assets
Cash and cash equivalents	$ 528,798	$ 232,211
Restricted cash and short-term deposits	18,238	34,025
Trade accounts receivable	54,380	28,912
Inventories	2,230	536
Amounts due from related parties	6,676	3,484
Assets held for sale	2,669	82,630
Other current assets	512,403	543,799
Total current assets	1,125,394	925,597
Non-current assets
Restricted cash	73,228	72,048
Equity method investments	184,693	52,215
Asset under development	1,067,580	877,838
Vessels and equipment, net	1,161,717	1,264,523
Assets held for sale	0	1,614,409
Other non-current assets	610,163	141,665
Total assets	4,222,775	4,948,295
Current liabilities
Current portion of long-term debt and short-term debt	(366,791)	(703,170)
Liabilities held for sale	(1,455)	(429,609)
Trade accounts payable	(18,959)	(4,936)
Accrued expenses	(25,969)	(33,023)
Other current liabilities	(35,155)	(136,483)
Total current liabilities	(448,329)	(1,307,221)
Non-current liabilities
Long-term interest-bearing debt - non-current portion	(1,015,486)	(920,130)
Liabilities held for sale	0	(449,868)
Other non-current liabilities	(92,187)	(93,159)
Total liabilities	(1,556,002)	(2,770,378)
Stockholders' equity
Stockholders' equity	(2,294,909)	(1,730,650)
Non-controlling interests	(371,864)	(447,267)
Total liabilities and stockholders' equity	$ (4,222,775)	$ (4,948,295)

UNAUDITED CONSOLIDATED STATEM_3

UNAUDITED CONSOLIDATED STATEMENTS OF CASHFLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021	Dec. 31, 2020
OPERATING ACTIVITIES
Net income	$ 696,552	$ 696,552	$ 570,439
Add: Net (income)/loss from discontinued operations	82,352		(594,439)
Net income/(loss) from continuing operations	778,904		(24,000)
Adjustments to reconcile net income from continuing operations to net cash provided by operating activities:
Depreciation and amortization	26,880		27,734
Impairment of long-lived assets	76,155		0
Net (income)/loss from equity method investments	(3,009)		(157)
Change in fair value of investment in listed equity securities	(295,048)		86,664
FINANCING ACTIVITIES
Cash, cash equivalents and restricted cash within assets held for sale at the beginning of period	141,631		128,768
Cash, cash equivalents and restricted cash within assets held for sale at end of period	(59,141)	(59,141)	(134,926)
Net increase/(decrease) in cash within assets held for sale	82,490		(6,158)
Net increase in cash, cash equivalents, restricted cash and cash within assets held for sale	281,980		41,508
Cash, cash equivalents and restricted cash at beginning of period	338,284		226,124
Cash, cash equivalents and restricted cash at end of period	620,264	620,264	267,632
Supplemental Cash Flow Information [Abstract]
Cash and cash equivalents	528,798	528,798	174,438	$ 232,211	$ 86,564
Restricted cash and short-term deposits	18,238	18,238	21,146	34,025	77,540
Restricted cash	73,228	73,228	72,048	72,048	62,020
Cash, cash equivalents, restricted cash and restricted cash equivalents	620,264	$ 620,264	267,632	$ 338,284	$ 226,124
Continuing Operations
OPERATING ACTIVITIES
Net income/(loss) from continuing operations	778,904		(24,000)
Adjustments to reconcile net income from continuing operations to net cash provided by operating activities:
Depreciation and amortization	26,880		27,735
Amortization of deferred charges and debt guarantees, net	1,658		712
Impairment of long-lived assets	76,155		0
Net (income)/loss from equity method investments	(3,009)		(157)
Compensation cost related to employee stock awards	1,466		1,507
Net foreign exchange losses/(gains)	102		496
Change in fair value of investment in listed equity securities	(295,048)		86,664
Changes in assets and liabilities:
Trade accounts receivable	(24,476)		757
Inventories	(1,694)		25
Other current and non-current assets	3,429		7,071
Amounts due from/to related companies	(2,385)		(9,159)
Trade accounts payable	3,539		(5,551)
Accrued expenses	(8,818)		(11,780)
Other current and non-current liabilities	(83,178)		65,475
Net cash provided by continuing operating activities	58,050		39,407
INVESTING ACTIVITIES
Additions to assets under development	(175,230)		(168,392)
Additions to equity method investments	0		(8,625)
Additions to other investments	(2,447)		0
Proceeds from subscription of equity interest in Gimi MS	11,270		12,812
Proceeds from sale of listed equity securities	252,960		0
Dividends received from listed equity securities	3,665		0
Net cash provided by/(used in) continuing investing activities	90,218		(164,205)
FINANCING ACTIVITIES
Proceeds from short-term and long-term debt	256,000		111,513
Net debt repayments	(502,549)		(53,351)
Cash dividends paid	(25,305)		(16,702)
Financing costs paid	(7,127)		(3,426)
Purchase of treasury shares	(11,063)		(17,828)
Net cash (used in)/provided by continuing financing activities	(290,044)		20,206
Discontinued Operations
OPERATING ACTIVITIES
Add: Net (income)/loss from discontinued operations	82,352		(594,439)
Adjustments to reconcile net income from continuing operations to net cash provided by operating activities:
Dry-docking expenditure	0		(1,591)
Deconsolidation of lessor VIEs	(59,085)		0
Depreciation and amortization	8,699		25,264
Amortization of deferred charges and debt guarantees, net	3,932		599
Net (income)/loss from equity method investments	0		6,891
(Gain)/loss on disposal and impairment of long-lived assets	105,201		(575,056)
Compensation cost related to employee stock awards	239		374
Net foreign exchange losses/(gains)	560		131
Changes in assets and liabilities:
Trade accounts receivable	836		3,589
Inventories	0		313
Other current and non-current assets	(5,407)		1,084
Amounts due from/to related companies	(804)		0
Trade accounts payable	(7,258)		2,816
Accrued expenses	(6,923)		7,502
Other current and non-current liabilities	(24,895)		4,885
Net cash (used in)/provided by discontinued operating activities	(67,257)		71,240
INVESTING ACTIVITIES
Dividends received from listed equity securities	0		460
Additions to vessels and equipment	0		(925)
Net proceeds from disposals of equity method investments	0		121,603
Net proceeds from disposals of long-lived assets	566,803		0
Net cash provided by discontinued investing activities	566,803		121,138
FINANCING ACTIVITIES
Proceeds from short-term and long-term debt	0		9,850
Net debt repayments	(158,000)		(49,620)
Financing costs paid	(280)		(350)
Net cash used in discontinued financing activities	(158,280)		(40,120)
Other Contract | Continuing Operations
Adjustments to reconcile net income from continuing operations to net cash provided by operating activities:
Change in fair value of derivative instruments	(49,582)		(16,803)
FLNG derivative | Continuing Operations
Adjustments to reconcile net income from continuing operations to net cash provided by operating activities:
Change in fair value of derivative instruments	$ (365,893)		$ (83,585)

UNAUDITED CONSOLIDATED STATEM_4

UNAUDITED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($) $ in Thousands	Total	Previously Reported	Revision of Prior Period, Adjustment	Total before Non- Controlling Interest	Total before Non- Controlling Interest Previously Reported	Total before Non- Controlling Interest Revision of Prior Period, Adjustment	Share Capital	Share Capital Previously Reported	Treasury Shares	Treasury Shares Previously Reported	Additional Paid-in Capital	Additional Paid-in Capital Previously Reported	Additional Paid-in Capital Revision of Prior Period, Adjustment	Contributed Surplus	[1]	Contributed Surplus Previously Reported	[1]	Accumulated Other Comprehensive Loss	[2]	Accumulated Other Comprehensive Loss Previously Reported	[2]	Accumulated Retained Losses	Accumulated Retained Losses Previously Reported	Accumulated Retained Losses Revision of Prior Period, Adjustment	Non-Controlling Interest	Non-Controlling Interest Previously Reported
Beginning balance at Dec. 31, 2020	$ 1,630,647			$ 1,292,523			$ 109,944		$ 0		$ 1,969,602			$ 200,000				$ (56,073)				$ (930,950)			$ 338,124
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	570,439			496,797																		496,797			73,642
Dividends	(20,702)			0																					(20,702)
Employee stock compensation	2,017			2,017							2,017
Forfeiture of employee stock compensation	(135)			(135)							(135)
Restricted stock units							264				(264)
Repurchase of treasury shares	(20,495)			(20,495)					(20,495)
Proceeds from subscription of equity interest in Gimi MS Corporation (note 12)	12,812			0																					12,812
Realized accumulated comprehensive losses on disposal of investment in affiliate	43,380			43,380														43,380
Other comprehensive loss	(3,035)			(3,035)														(3,035)
Ending balance at Jun. 30, 2021	2,214,928			1,811,052			110,208		(20,495)		1,971,220			200,000				(15,728)				(434,153)			403,876
Beginning balance at Dec. 31, 2021		$ 2,177,917			$ 1,730,650			$ 108,223		$ 0		$ 1,972,859				$ 200,000				$ (10,834)			$ (539,598)			$ 447,267
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	696,552
Realized accumulated comprehensive losses on disposal of investment in affiliate	0
Ending balance at Jun. 30, 2022	2,666,773			2,294,909			107,841		0		1,934,516			200,000				(10,746)				63,298			371,864
Beginning balance at Jan. 01, 2022	2,176,231		$ (1,686)	1,728,964		$ (1,686)	108,223		0		1,932,998		$ (39,861)	200,000				(10,834)				(501,423)		$ 38,175	447,267
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	696,552			575,214																		575,214			121,338
Dividends	(25,305)			0																					(25,305)
Employee stock compensation	1,816			1,816							1,816
Forfeiture of employee stock compensation	(111)			(111)							(111)
Restricted stock units	0			0			187				(187)
Repurchase of treasury shares	(11,062)			(11,062)			(569)															(10,493)
Proceeds from subscription of equity interest in Gimi MS Corporation (note 12)	11,270			0																					11,270
Deconsolidation of lessor VIEs	(182,706)																								(182,706)
Other comprehensive loss	88			88														88
Ending balance at Jun. 30, 2022	$ 2,666,773			$ 2,294,909			$ 107,841		$ 0		$ 1,934,516			$ 200,000				$ (10,746)				$ 63,298			$ 371,864
[1]Contributed Surplus is 'capital' that can be returned to shareholders without the need to reduce share capital, thereby giving us greater flexibility when it comes to declaring dividends.[2]As at June 30, 2022, and 2021, our other comprehensive loss consisted of a gain of $0.1 million and $0.1 million of pension and post-retirement benefit plan adjustments and $nil and $3.1 million loss of our share of affiliates comprehensive loss from discontinued operations, respectively.

UNAUDITED CONSOLIDATED STATEM_5

UNAUDITED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (Parenthetical) - USD ($) $ in Thousands		6 Months Ended
		Jun. 30, 2022	Jun. 30, 2021
Statement of Stockholders' Equity [Abstract]
Gain associated with pensions		$ 100	$ 100
Shares of affiliates comprehensive loss	[1]	$ 0	$ 3,147
[1]No tax impact for the six months ended June 30, 2022 and 2021.

General

General	6 Months Ended
	Jun. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
General	GENERAL Golar LNG Limited (the “Company”, “Golar”) was incorporated in Hamilton, Bermuda on May 10, 2001 for the purpose of acquiring the liquefied natural gas (“LNG") shipping interests of Osprey Maritime Limited, which was owned by World Shipholding Limited. We design, build, own, and operate marine infrastructure for the liquefaction and regasification of LNG. We also operate vessels on behalf of third parties. As of June 30, 2022, our fleet was comprised of two LNG carrier (contracted for conversion to a Floating Storage Regasification Unit (“FSRU”) and subsequent sale, and one vessel earmarked for conversion to a FLNG) and two Floating Liquefaction Natural Gas vessels (“FLNGs”) (including one vessel under conversion to a FLNG). We are listed on the Nasdaq under the ticker: “GLNG”. As used herein and unless otherwise required by the context, the terms “Golar”, the “Company”, “we”, “our” and words of similar import refer to Golar or any one or more of its consolidated subsidiaries, or to all such entities.

Accounting Policies

Accounting Policies	6 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
Accounting Policies	ACCOUNTING POLICIES Basis of accounting These unaudited consolidated financial statements are prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”). These unaudited consolidated financial statements do not include all of the disclosures required under U.S. GAAP in annual consolidated financial statements, and should be read in conjunction with our audited consolidated annual financial statements for the year ended December 31, 2021, which are included in our annual report on Form 20-F for the fiscal year ended December 31, 2021, filed with the Securities and Exchange Commission on April 28, 2022 (the “2021 Annual Report”). As further discussed in note 11, “Assets and Liabilities Held-for-Sale and Discontinued Operations”, during the first and second quarter of 2022, we (i) disposed of substantially all of our fleet of LNG carriers and our shipping and management business to the Cool Company Ltd. (“CoolCo”), (the “CoolCo Disposal”) and (ii) sold all of the shares of our subsidiary, Golar NB13 Corporation, including FSRU Golar Tundra , to Asset Company 11 S.R.L (part of Italy's SNAM group, or “Snam”) (the “TundraCo Disposal”). The CoolCo Disposal met the criteria to be classified as held-for-sale and reported as discontinued operations on various dates during the six months ended June 30, 2022, and the TundraCo Disposal met the criteria to be classified as held-for-sale and reported as discontinued operations on May 30, 2022. The related assets, liabilities and operating results of the CoolCo Disposal and the TundraCo Disposal are presented as discontinued operations for all periods presented herein. Significant accounting policies The accounting policies adopted in the preparation of these unaudited consolidated financial statements for the six months ended June 30, 2022 are consistent with those followed in the preparation of our 2021 Annual Report, except for those disclosed in note 3 that did not have any material impact on the interim information for the six months ended June 30, 2022 . Use of estimates The preparation of financial statements in accordance with U.S. GAAP requires that management make estimates and assumptions affecting the reported amounts of assets and liabilities and disclosure of material contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. In assessing the recoverability of our vessels’ carrying amounts, we make assumptions regarding estimated future cash flows, estimates in respect of residual value, charter rates, ship operating expenses and drydocking requirements. In relation to the oil derivative instruments (note 20), the fair value was determined using the estimated discounted cash flows of the additional payments due to us as a result of oil prices moving above a contractual oil price floor over the term of the Hilli's Liquefaction Tolling Agreement (“LTA”). The fair value of the gas derivative was determined using the estimated discounted cash flows of the additional payments due to us as a result of forecasted natural gas prices and forecasted Euro/USD exchange rates. Significant inputs used in the valuation of the oil and gas derivative instruments include management’s estimate of the likelihood the Customer would exercise the option to increase the capacity of Hilli by 0.2 million tons of LNG per year from January 2023 through the end of the LTA in July 2026, an appropriate discount rate and the length of time necessary to blend the long-term and short-term oil and gas prices obtained from quoted prices in active markets. The changes in fair value of our oil and gas derivative instruments are recognized in each period within “Realized and unrealized gains on oil and gas derivative instruments” as part of the unaudited consolidated statement of operations (note 7). During the period ended June 30, 2022, as a result of the worldwide outbreak of the coronavirus (“COVID-19”) and its impact on our operations, we considered whether indicators of impairment existed that could indicate that the carrying amounts of the vessels may not be recoverable as of June 30, 2022 and concluded that, with the exception of the impairment

Recently Issued Accounting Stan

Recently Issued Accounting Standards	6 Months Ended
	Jun. 30, 2022
Accounting Standards Update and Change in Accounting Principle [Abstract]
Recently Issued Accounting Standards	RECENTLY ISSUED ACCOUNTING STANDARDS Adoption of new accounting standards In March 2020, the FASB issued ASU 2020-04 Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting and in January 2021 the FASB issued ASU 2021-01 Reference Rate Reform (Topic 848): Scope . These amendments provide temporary optional expedients and exception for applying U.S. GAAP to contracts, hedging relationships, and other transactions affected by reference rate reform if certain criteria are met. We currently do not believe the use of optional expedients in ASU 2020-04 and ASU 2021-01 will have a significant impact on our consolidated financial statements, however we will continue to evaluate this until December 31, 2022. In August 2020, the FASB issued ASU 2020-06 Debt – Debt with Conversion and Other Options (Topic 470) and Derivatives and Hedging - Contracts in Entity’s Own Equity (Topic 815) . The amendments simplify the issuer’s accounting for convertible instruments and its application of the equity classification guidance. The new guidance eliminates some of the existing models for assessing convertible instruments, which results in more instruments being recognized as a single unit of account on the balance sheet and expands disclosure requirements. The new guidance simplifies the assessment of contracts in an entity’s own equity and existing EPS guidance in ASC 260. We adopted this with effect from January 1, 2022. We adjusted the additional paid in capital as of January 1, 2022 in our unaudited consolidated statement of changes in equity as included herein. In May 2021, the FASB issued ASU 2021-04 Earnings Per Share (Topic 260), Debt—Modifications and Extinguishments (Subtopic 470-50), Compensation—Stock Compensation (Topic 718), and Derivatives and Hedging —Contracts in Entity’s Own Equity (Subtopic 815-40) . We adopted this with effect from January 1, 2022. The adoption of ASU 2021-04 had no impact on our consolidated financial statements. In July 2021, the FASB issued ASU 2021-05 Leases (Topic 842) – Lessors – Certain Leases with Variable Lease Payments . We adopted this with effect from January 1, 2022. The adoption of ASU 2021-05 has no impact on our consolidated financial statements. Accounting pronouncements that have been issued but not yet adopted The following table provides a brief description of recent accounting standards that have been issued but not yet adopted: Standard Description Date of Adoption Effect on our Consolidated Financial Statements or Other Significant Matters ASU 2021-08 Business Combinations (Topic 805) - Accounting for contract assets and contract liabilities from contracts with customers Requires contract assets and contract liabilities (i.e., deferred revenue) acquired in a business combination to be recognized and measured by the acquirer on the acquisition date in accordance with ASC 606. Generally, this new guidance will result in the acquirer recognizing contract assets and contract liabilities at the same amounts recorded by the acquiree (rather than having such amounts recognized by the acquirer at fair value in acquisition accounting, as has been historical practice). January 1, 2023 No impact currently expected as a result of the adoption of this ASU. ASU 2022-03 Fair Value Measurement (Topic 820) - Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions This amendment is intended to reduce diversity in practice in the measurement of the fair value of equity securities subject to contractual sale restrictions. For entities that have investments in equity securities that are subject to contractual sale restrictions, the contractual restriction on the sale is not considered part of the unit of account of the equity security, is not considered when measuring fair value and additional disclosures are required. This amendment is required to be applied prospectively from date of adoption; early adoption is permitted. January 1, 2024 No impact currently expected as a result of the adoption of this ASU.

Segment Information

Segment Information	6 Months Ended
	Jun. 30, 2022
Segment Reporting [Abstract]
Segment Information	SEGMENT INFORMATION We provide and operate three distinct reportable segments as follows: • Shipping – This segment is based on the business activities of the transportation of LNG carriers. We operate and subsequently charter out LNG carriers on fixed terms to customers. • FLNG – This segment is based on the business activities of FLNG vessels or projects. We convert LNG carriers into FLNG vessels, or build new FLNG vessels and subsequently charter them out to customers. We currently have one operational FLNG, the Hilli, one undergoing conversion into a FLNG, the Gimi (note 15). • Corporate and other – This segment is based on the business activities of vessel management and administrative services and our corporate overhead costs. A reconciliation of net income to Adjusted EBITDA is as follows: Six months ended June 30, (in thousands of $) 2022 2021 Net income 696,552 570,439 Income taxes 184 274 Income before income taxes 696,736 570,713 Depreciation and amortization 26,880 27,734 Impairment of long-term assets (1) 76,155 — Unrealized gain on oil and gas derivative instruments (note 7) (349,607) (81,190) Realized and unrealized (gains)/losses on our investment in listed equity securities (note 8) (295,048) 86,664 Other non-operating (income)/losses (note 8) (10,023) 71,431 Interest income (954) (57) Interest expense 11,435 16,568 Gains on derivative instruments (note 9) (47,877) (16,482) Other financial items, net (note 9) 3,607 (586) Net income from equity method investments (note 16) (3,009) (157) Net loss/(income) from discontinued operations (note 11) 82,352 (594,439) Adjusted EBITDA 190,647 80,199 (1) In May 2022, we entered into a sale and purchase agreement (the “Arctic SPA”) with SNAM RETE GAS S.p.A (part of “Snam”), pursuant to which, upon receipt of a notice to proceed, we will convert LNG carrier Golar Arctic to a FSRU, deliver, install and connect her to Snam's mooring, and following completion of commissioning activities and provisional acceptance, we will sell her to Snam. Entry into the Arctic SPA changes the expected recovery of Golar Arctic's carrying amount from continued use in operations over her remaining useful life, to recovery from sale, and was considered an indicator of impairment. The revised future estimated cash flows were less than her carrying amount on June 30, 2022 and an impairment charge of $76.2 million was recognized, reflecting an adjustment to her fair value (based on average broker valuation at date of measurement and represents the exit price in the principal LNG carrier sales market). Six months ended June 30, 2022 (in thousands of $) Shipping FLNG Corporate and other (1) Total results from continuing operations Statement of Operations: Total operating revenues 3,235 123,421 13,509 140,165 Vessel operating expenses (3,819) (29,153) (3,228) (36,200) Voyage, charterhire and commission expenses (1,109) (300) (50) (1,459) Administrative expenses 69 (29) (20,103) (20,063) Project development expenses — (5,002) 1,450 (3,552) Realized gain on oil and gas derivative instruments, net (note 7) — 97,650 — 97,650 Other operating income — 14,106 — 14,106 Adjusted EBITDA (1,624) 200,693 (8,422) 190,647 Balance Sheet: June 30, 2022 (in thousands of $) Shipping FLNG Corporate and other (1) Segment assets from continuing operations Assets held for sale Total assets Total assets 48,497 2,884,246 1,287,363 4,220,106 2,669 4,222,775 Equity method investments (note 16) 134,862 — 49,831 184,693 — 184,693 Six months ended June 30, 2021 (in thousands of $) Shipping FLNG Corporate and other (1) Total results from continuing operations Statement of Operations: Total operating revenues 5,690 110,134 15,281 131,105 Vessel operating expenses (3,371) (26,045) (5,181) (34,597) Voyage, charterhire and commission expenses (107) (300) (41) (448) Administrative expenses (17) (328) (17,693) (18,038) Project development expenses — (16) (782) (798) Realized gain on oil and gas derivative instruments, net (note 7) — 2,975 — 2,975 Adjusted EBITDA 2,195 86,420 (8,416) 80,199 Balance Sheet: December 31, 2021 (in thousands of $) Shipping FLNG Corporate and other (1) Segment assets from continuing operations Assets held for sale Total assets Total assets 128,901 2,314,342 808,013 3,251,256 1,697,039 4,948,295 Equity method investments (note 16) — — 52,215 52,215 — 52,215 (1) Includes inter-segment eliminations arising from vessel and administrative management fees revenue between segments.

Revenue

Revenue	6 Months Ended
	Jun. 30, 2022
Revenue from Contract with Customer [Abstract]
Revenue	REVENUE Contract assets arise when we render services in advance of receiving payment from our customers. Contract liabilities arise when the customer makes payments in advance of receiving the services. Changes in our contract balances during the period are as follows: (in thousands of $) Contract assets (1) Contract liabilities (2) Opening balance on January 1, 2022 21,778 (18,736) Payments received for services billed in prior period (21,769) — Services provided and billed in current period 118,883 — Payments received for services billed in current period (99,367) — Amortization of deferred commissioning period revenue — 2,043 Closing balance on June 30, 2022 19,525 (16,693) (1) Relates to management fee revenue and liquefaction services revenue, see a) and b) below. (2) Relates to liquefaction services revenue, see b) below. a) Management fee revenue: The total contract asset balance above includes $0.3 million which is included in balance sheet line item “Amounts due from related parties” as of June 30, 2022. Refer to note 21 for further details of our management fee revenue and contract terms. b) Liquefaction services revenue: Six months ended June 30, (in thousands of $) 2022 2021 Base tolling fee (1) 102,251 102,250 Amortization of deferred commissioning period revenue billing (2) 2,043 2,043 Amortization of Day 1 gains (3) (4) 16,286 4,816 Overproduction revenue (5) 620 1,304 Incremental base tolling fee (6) 2,500 — Other (279) (279) Total 123,421 110,134 (1) The LTA bills at a base rate in periods when the oil price is $60 or less per barrel (included in “Liquefaction services revenue” in the unaudited consolidated statements of operations), and at an increased rate when the oil price is greater than $60 per barrel (recognized as a derivative and included in “Realized and unrealized gain/(loss) on oil and gas derivative instruments” in the unaudited consolidated statements of operations, excluded from revenue). (2) Customer billing during the commissioning period, prior to vessel acceptance and commencement of the contract term, of $33.8 million is considered an upfront payment for services. These amounts billed are deferred (included in “Other current liabilities” and “Other non-current liabilities” in the unaudited consolidated balance sheets) and recognized as part of “Liquefaction services revenue” in the consolidated statements of operations evenly over the contract term. (3) Day 1 gain which relates to the the Brent crude oil price linked derivative initially recognized in December 2017 for $79.6 million (recognized in “Other current liabilities” and “Other non-current liabilities” in the unaudited consolidated balance sheets). This amount is amortized and recognized as part of “Liquefaction services revenue” in the unaudited consolidated statements of operations evenly over the contract term. (4) Day 1 gain which relates to the Dutch Title Transfer Facility (“TTF”) gas price derivative initially recognized in July 2021 for $28.3 million (recognized in “Other current liabilities” and “Other non-current liabilities” in the consolidated balance sheets). This amount is amortized and recognized as part of “Liquefaction services revenue” in the unaudited consolidated statements of operations evenly over the contract term. (5) In February 2021, we entered into Amendment 2 to the LTA with our customer, who agreed to compensate us for production in excess of contracted based capacity. (6) In July 2021, we entered into Amendment 3 to the LTA with our customer, which included an increase in the utilization of Hilli (“the Hilli Extended Capacity Agreement”). Commencing in January 2022, the annual capacity utilization of Hilli increased by 0.2 million tons of LNG, bringing total utilization in 2022 to 1.4 million tons (“2022 Incremental Capacity”). The tolling fee for the 2022 Incremental Capacity is linked to TTF and the Euro/USD foreign exchange movements (note 7).

Earnings_(Loss) Per Share

Earnings/(Loss) Per Share	6 Months Ended
	Jun. 30, 2022
Earnings Per Share [Abstract]
Earnings/(Loss) Per Share	EARNINGS/(LOSS) PER SHARE Basic earnings/(loss) per share (“EPS”)/(“LPS”) is calculated with reference to the weighted average number of common shares outstanding during the period. The components of the numerator for the calculation of basic and diluted EPS/(LPS) are as follows: (in thousands of $) Six months ended June 30, 2022 2021 Net income/(loss) net of non-controlling interests - continuing operations - basic and diluted 665,772 (78,999) Net (loss)/income net of non-controlling interests - discontinued operations - basic and diluted (90,558) 575,796 The components of the denominator for the calculation of basic EPS/(LPS) are as follows: (in thousands of $) Six months ended June 30, 2022 2021 Basic: Weighted average number of common shares outstanding 108,125 110,093 Dilutive: Dilutive impact of share options and RSUs 407 197 Weighted average number of common shares outstanding 108,532 110,290 EPS/(LPS) per share are as follows: Six months ended June 30, 2022 2021 Basic EPS/(LPS) from continuing operations $ 6.16 $ (0.72) Diluted EPS/(LPS) from continuing operations $ 6.13 $ (0.72) Basic and diluted (LPS)//EPS from discontinued operations $ (0.84) $ 5.23

Realized and Unrealized Gain on

Realized and Unrealized Gain on Oil and Gas Derivative Instruments	6 Months Ended
	Jun. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Realized and Unrealized Gain on Oil and Gas Derivative Instruments	REALIZED AND UNREALIZED GAIN ON OIL AND GAS DERIVATIVE INSTRUMENTS The realized and unrealized gain on the oil and gas derivative instruments comprise the following: Six months ended June 30, 2022 2021 Realized gain on Hilli gas derivative instrument 55,682 — Realized gain on Hilli oil derivative instrument 50,102 2,975 Realized mark-to-market (“MTM”) loss on commodity swap derivatives (8,134) — Realized gain on oil and gas derivative instruments, net 97,650 2,975 Unrealized gain on Hilli gas derivative instrument (note 17) 194,632 — Unrealized gain on Hilli oil derivative instrument (note 17) 169,293 81,190 Unrealized MTM adjustment for commodity swap derivatives (14,318) — Unrealized gain on oil and gas derivative instruments, net 349,607 81,190 Realized and unrealized gain on oil and gas derivative instruments (note 20) 447,257 84,165 The realized gain on oil and gas derivative instruments results from monthly billings above the original Hilli base tolling fee and the exercised incremental capacity increase under the LTA (as amended by Amendment 3 to the LTA) whereas the unrealized gain/(loss) on gas derivative instruments results from movements in forecasted natural gas prices and Euro/USD exchange rates. Other non-operating income/(loss) comprise the following: Six months ended June 30, 2022 2021 Realized and unrealized MTM gain/(loss) on our investment in listed equity securities (note 20) 295,048 (86,664) UK tax lease contingent liability (note 22) 6,918 (73,294) Dividend income from our investment in listed equity securities 3,105 1,863 Other non-operating income/(loss) 305,071 (158,095)

Other Non-Operating Income

Other Non-Operating Income	6 Months Ended
	Jun. 30, 2022
Other Income and Expenses [Abstract]
Other Non-Operating Income	REALIZED AND UNREALIZED GAIN ON OIL AND GAS DERIVATIVE INSTRUMENTS The realized and unrealized gain on the oil and gas derivative instruments comprise the following: Six months ended June 30, 2022 2021 Realized gain on Hilli gas derivative instrument 55,682 — Realized gain on Hilli oil derivative instrument 50,102 2,975 Realized mark-to-market (“MTM”) loss on commodity swap derivatives (8,134) — Realized gain on oil and gas derivative instruments, net 97,650 2,975 Unrealized gain on Hilli gas derivative instrument (note 17) 194,632 — Unrealized gain on Hilli oil derivative instrument (note 17) 169,293 81,190 Unrealized MTM adjustment for commodity swap derivatives (14,318) — Unrealized gain on oil and gas derivative instruments, net 349,607 81,190 Realized and unrealized gain on oil and gas derivative instruments (note 20) 447,257 84,165 The realized gain on oil and gas derivative instruments results from monthly billings above the original Hilli base tolling fee and the exercised incremental capacity increase under the LTA (as amended by Amendment 3 to the LTA) whereas the unrealized gain/(loss) on gas derivative instruments results from movements in forecasted natural gas prices and Euro/USD exchange rates. Other non-operating income/(loss) comprise the following: Six months ended June 30, 2022 2021 Realized and unrealized MTM gain/(loss) on our investment in listed equity securities (note 20) 295,048 (86,664) UK tax lease contingent liability (note 22) 6,918 (73,294) Dividend income from our investment in listed equity securities 3,105 1,863 Other non-operating income/(loss) 305,071 (158,095)

Gains on Derivative Instruments

Gains on Derivative Instruments and Other Financial Items, Net	6 Months Ended
	Jun. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Gains on Derivative Instruments and Other Financial Items, Net	GAINS ON DERIVATIVE INSTRUMENTS AND OTHER FINANCIAL ITEMS, NET Gains on derivative instruments, net comprise the following: (in thousands of $) Six months ended June 30, 2022 2021 Unrealized MTM adjustment for interest rate swaps 49,582 16,804 Interest expense on undesignated interest rate swaps (1,705) (562) Foreign exchange gain on terminated undesignated foreign exchange swaps — 240 Gains on derivative instruments, net 47,877 16,482 Other financial items, net comprise the following: (in thousands of $) Six months ended June 30, 2022 2021 Financing arrangement fees and other costs (5,964) (94) Amortization of debt guarantee 1,341 1,326 Foreign exchange gain/(loss) on operations 1,145 (496) Others (129) (150) Other financials items, net (3,607) 586

Operating Leases

Operating Leases	6 Months Ended
	Jun. 30, 2022
Leases [Abstract]
Operating Leases	OPERATING LEASES Rental income The components of operating lease income are as follows: (in thousands of $) Six months ended June 30, 2022 2021 Operating lease income (1) 2,408 5,690 Variable lease income (1) (2) 827 — Total operating lease income 3,235 5,690 (1) Total operating lease income is included in the income statement line-item “Time and voyage charter revenues”. (2) “Variable lease income” is excluded from lease payments that comprise the minimum contractual future revenues from non-cancellable operating leases.

Assets and Liabilities Held for

Assets and Liabilities Held for Sale and Discontinued Operations	6 Months Ended
	Jun. 30, 2022
Discontinued Operations and Disposal Groups [Abstract]
Assets and Liabilities Held for Sale and Discontinued Operations	ASSETS AND LIABILITIES HELD FOR SALE AND DISCONTINUED OPERATIONS 11.1 The CoolCo Disposal On January 26, 2022, we entered into a share purchase agreement and related agreements with CoolCo, as amended on February 25, 2022 (the “Vessel SPA ” ), pursuant to which CoolCo acquired all of the outstanding shares of nine of our wholly-owned subsidiaries. Eight of these entities, Golar Hull M2021 Corp., Golar Hull M2022 Corp., Golar Hull M2027 Corp., Golar LNG NB12 Corporation, Golar LNG NB10 Corporation, Golar Hull M2047 Corp., Golar Hull M2048 Corp., and Golar LNG NB11 Corporation are each the registered or disponent owner of the following modern LNG carriers: Golar Seal, Golar Crystal, Golar Bear, Golar Frost, Golar Glacier, Golar Snow , Golar Ice and Golar Kelvin. The Cool Pool Limited is the entity responsible for the marketing of these LNG carriers. The purchase price agreed for each LNG carrier recognized as an asset in the respective subsidiaries was stated as $145.0 million , subject to working capital and debt adjustments arising from the residual balances of each wholly owned subsidiary as of the respective completion date of each subsidiary disposal. On January 26, 2022, we also entered into the Transitional Services Agreement (the “CoolCo TSA”) with CoolCo, pursuant to which we agreed to provide corporate administrative services to CoolCo for a fixed daily fee for a one year term; a loan agreement, pursuant to which we made a $25.0 million revolving credit facility available to CoolCo for a 24 month term for CoolCo to fund its working capital requirements; and an agreement in principle with CoolCo that, following the conclusion of an internal restructuring of our management business, CoolCo will acquire the management entities that are responsible for the commercial and technical vessel management of the LNG carriers acquired by CoolCo and the LNG carriers and FSRU that Golar has been managing for third parties (the “ManCo Agreement ”, or our shipping and FSRU management business) . On January 27, 2022, CoolCo raised $275.0 million of proceeds, $150.0 million of which was subscribed by EPS Ventures LTD (“EPS”) and $125.0 million in exchange for shares in CoolCo in the Norwegian markets, following which EPS, which is wholly owned by Quantum Pacific Shipping Ltd (“QPSL”), became the largest CoolCo shareholder with the acquisition of 15,000,000 shares . In February 2022, CoolCo's shares commenced trading on the Euronext Growth Oslo with the ticker “COOL”. On February 17, 2022, CoolCo entered into a new term loan facility of up to $570.0 million , to refinance outstanding vessel debt that it had acquired, except for the sale and leaseback financing in relation to the Golar Ice and the Golar Kelvin , which CoolCo assumed. Each subsidiary disposal was closed with phased completion dates corresponding with the date that the respective subsidiary debt was either refinanced (for six of the subsidiaries disposed of) or assumed by CoolCo (for two of the subsidiaries disposed of, for which lender consent was obtained for the change of control of the existing lease financing arrangements) and customary conditions precedent were met. The disposals closed in stages from March 3, 2022 to April 5, 2022, the date on which the Vessel SPA in its entirety was considered completed. Following completion of the Vessel SPA on April 5, 2022, EPS owned a 37.5% interest in CoolCo, we owned a 31.3% interest in CoolCo, and the remaining 31.3% was held by the public. GLNG agreed to remain as the guarantor of the payment obligations of two of the disposed subsidiaries' debt relating to LNG carriers, Golar Ice and Golar Kelvin , in exchange for a guarantee fee of 0.5% on the outstanding principal balances. Following closing of the Vessel SPA, we continued to provide commercial and technical management to CoolCo for the eight LNG carriers it acquired pursuant to management agreements entered into contemporaneously with the Vessel SPA. On June 30, 2022, once we had we had completed an internal reorganization, we entered into a share purchase agreement and related agreements (“ManCo SPA”) with CoolCo for its purchase of our shipping and FSRU management business, as was contemplated in the ManCo Agreement. We also entered into an Administrative Services Agreement, which replaced the CoolCo TSA (the “CoolCo ASA”), for the provision of the following services from July 1, 2022 to June 30, 2023: IT services, accounting services, treasury services, finance operations services, and any additional services reasonably required by CoolCo. As of June 30, 2022, following completion of the CoolCo Disposal, we owned a 31.3% interest in CoolCo. We consider that we have a significant influence over CoolCo and therefore, we account for our investment in CoolCo using the equity method of accounting. As of June 30, 2022, EPS's ownership in CoolCo increased to 40.0% and the remaining 28.7% was held by the public. The disposals to CoolCo are considered a disposal group and the associated assets and liabilities of the disposal group were classified as held-for-sale and qualified as a discontinued operation on March 1, 2022. Consequently, we retrospectively reclassified the results of the disposal group and separately presented as “Net income/(loss) from discontinued operations”. Each of the subsidiaries were de-recognized on the respective dates of each disposal with a corresponding recognition of a (loss)/gain on disposal. The discontinued operations were previously included in two of our three segments, “Shipping” (containing the business activities of the LNG carriers and The Cool Pool Limited), and “Corporate and Other” (containing our shipping and FSRU management business). Our continuing involvement with the discontinued operations of the disposal group includes: • our equity method investment in CoolCo (note 16); • the financial guarantees we provide to CoolCo with respect to the debt assumed by CoolCo related to the Golar Kelvin and Golar Ice , in place until the earlier of the repayment of the vessel debt by CoolCo or until release by the lessors (note 21); • $25.0 million revolving credit facility committed per the loan agreement to be made available until January 2024 (note 21); • CoolCo's management of our LNG carrier Golar Arctic and FSRU Golar Tundra, which we are chartering in for a short period of time (further disclosed in note in 11.2 – The TundraCo Disposal below); • our agreements with CoolCo that sub-contract our contractual vessel management obligations for the LNG Croatia pursuant to our Operation and Maintenance Agreement with LNG Hrvastska d.o.o. (the “O&M Agreement”) and for New Fortress Energy Inc.'s (“NFE's”) fleet of vessels (further disclosed in note in 11.3 Disposal of Golar Partners and Hygo below); and • our provision of IT services, accounting services, treasury services, finance operation services, and any additional services reasonably acquired pursuant to the CoolCo ASA. For the six months ended June 30, 2022, we: • earned ship management and administrative services fees amounting to $2.4 million; • earned debt guarantee fees amounting to $0.3 million. As of June 30, 2022, we guaranteed $226.9 million of CoolCo's lease obligations; • earned commitment fees on the undrawn revolving credit facility amounting to $0.1 million; and • incurred net pooling expenses relating to the CoolCo's vessels participation in the Cool Pool amounted to $2.0 million. The following table contains the line-items of the CoolCo Disposal discontinued operations: Six months ended June 30, (in thousands of $) 2022 2021 Time and voyage charter revenues 37,289 83,274 Vessel and other management fees 1,432 — Vessel operating expenses (8,466) (23,500) Voyage, charterhire and commission expenses (1,229) (3,215) Administrative expenses 1,757 (380) Project development expenses (62) (124) Depreciation and amortization (5,745) (21,718) Impairment of long-lived assets (1) (218,349) — Other operating income 4,374 2,770 Operating (loss)/income (188,999) 37,107 Other non-operating losses — (31) Interest income 4 4 Interest expense (4,725) (11,205) Other financial items, net (787) (171) Income taxes (385) (139) (Loss)/income from discontinued operations (194,892) 25,565 Loss on disposal of discontinued operations (2) (10,060) — Net (loss)/income from discontinued operations (204,952) 25,565 (1) Impairment of long-live assets relates to the impairment expense of vessels recognized in accordance with ASC 360 Property, plant and equipment , following their classification as held-for-sale. (2) Loss on disposal of discontinued operations comprised of carrying values of the assets and liabilities disposed of $355.4 million, partially offset by the proceeds received of $218.2 million cash consideration and $127.1 million of equity consideration which consisted of CoolCo shares. The following table contains the financial statement line-items forming the assets and liabilities classified as held for sale: (in thousands of $) December 31, 2021 ASSETS Current assets Cash and cash equivalents 33,811 Restricted cash and short-term deposits 43,311 Trade accounts receivable 767 Other current assets 1,913 Total current assets held for sale 79,802 Non-current assets Restricted cash 780 Vessels and equipment, net 1,383,656 Other non-current assets 478 Total non-current assets held for sale 1,384,914 Total assets held for sale 1,464,716 LIABILITIES Current liabilities Current portion of long-term debt and short-term debt (338,501) Trade accounts payables (7,265) Accrued expenses (59,094) Other current liabilities (11,572) Total current liabilities held for sale (416,432) Non-current liabilities Long-term debt (292,322) Other non-current liabilities (11,778) Total non-current liabilities held for sale (304,100) Total liabilities held for sale (720,532) We retain an investment accounted for under the equity method in discontinued operations. Prior to the CoolCo Disposal we held a 100% interest CoolCo and the thirteen subsidiaries disposed of. As of June 30, 2022, we held a 31.3% interest in CoolCo and no interest in the thirteen subsidiaries disposed (note 16). The table below summarizes the financial performance of CoolCo on a 100% basis: Six months ended June 30, (in thousands of $) 2022 2021 Revenue 100,743 83,274 Adjusted EBITDA 67,000 58,825 Net income 40,903 25,565 11.2 The TundraCo Disposal On May 31, 2022 we entered into a share purchase agreement with Snam pursuant to which it acquired 100% of the share capital of our subsidiary Golar LNG NB 13 Corporation, owner of FSRU Golar Tundra for $352.5 million (which includes a $2.5 million working capital adjustment). The assets and liabilities of the Golar Tundra met the criteria for presentation as held-for-sale and also qualified as a discontinued operation on May 30, 2022. Consequently, we retrospectively reclassified the results of the Golar Tundra and separately presented as “Net income/(loss) from discontinued operations”. The discontinued operations were previously included in the “Shipping” segment. Our continuing involvement with the discontinued operations of the Golar Tundra includes: • bareboat agreement to charter the Golar Tundra for 160 days; • incurred pool expenses from other participants in the pooling arrangement totaling $0.1 million; and • a development agreement (for the provision of engineering, design, procurement, modification, installation and commissioning services of the Golar Tundra ) which was contemplated but not executed as of June 30, 2022. For the six months ended June 30, 2022, we accrued $0.8 million of bareboat expenses. The following table contains the line-items of the discontinued operation: Six months ended June 30, (in thousands of $) 2022 2021 Time and voyage charter revenues 13,575 15,734 Vessel operating expenses (2,821) (4,030) Voyage, charterhire and commission expenses (3,681) (6,067) Administrative expenses (1) (24) Depreciation and amortization (2,955) (3,546) Operating income 4,117 2,067 Interest income — 2 Interest expense (4,649) (1,241) Other financial items, net (167) (118) (Loss)/income from discontinued operations (699) 710 Gain on disposal of discontinued operations (1) 123,299 — Net income from discontinued operations 122,600 710 (1) Gain on disposal of discontinued operations comprised of (i) cash proceeds received of $350.0 million, (ii) working capital adjustment of $2.5 million, (iii) a partial offset by our investment in Golar LNG NB 13 Corporation of $229.0 million and (iv) fees incurred in relation to disposal of $0.2 million. The following table contains the financial statement line-items forming the assets and liabilities classified as held for sale: (in thousands of $) June 30, 2022 December 31, 2021 ASSETS Current assets Cash and cash equivalents 36 2,605 Trade accounts receivable 1 70 Other current assets 2,632 153 Total current assets held for sale 2,669 2,828 Non-current assets Vessels and equipment, net — 229,495 Total non-current assets held for sale — 229,495 Total assets held for sale 2,669 232,323 LIABILITIES (in thousands of $) June 30, 2022 December 31, 2021 Current liabilities Current portion of long-term debt and short-term debt — (9,911) Trade accounts payables (210) (204) Accrued expenses (1,245) (737) Other current liabilities — (2,325) Total current liabilities held for sale (1,455) (13,177) Non-current liabilities Long-term debt — (145,768) Total non-current liabilities held for sale — (145,768) Total liabilities held for sale (1,455) (158,945) 11.3 Disposal of Golar Partners and Hygo On April 15, 2021, we completed the sale of our investments in Golar LNG Partners (“Golar Partners ”) and Hygo Energy Transition Ltd (“Hygo ”) to NFE. We received consideration of $876.3 million which comprised of (i) $80.8 million cash for our investment in Golar Partners and (ii) $50.0 million cash and 18.6 million Class A NFE common shares (“NFE Shares ”) valued at $745.4 million for our investment in Hygo (the “GMLP Merger ” and “Hygo Merger ” , respectively). The net income of equity method investments from discontinued operations for the period ended April 15, 2021 is as follows: (in thousands of $) Period ended April 15, 2021 Net income from equity method investments of Golar Partners 8,116 Net losses from equity method investments of Hygo (15,008) Loss from discontinued operations (6,892) Gain on disposal of equity method investments (1) 575,056 Net income from discontinued operations 568,164 (1) Gain on disposal of discontinued operations comprised of (i) proceeds received of $876.3 million; (ii) release of our tax indemnity guarantee liability to Golar Partners of $2.1 million; (iii) a partial offset by the carrying values of our investment in affiliates disposed of $257.2 million as of April 15, 2021; (iv) realized accumulated comprehensive losses on disposal of investment in affiliates of $43.4 million; and (v) fees incurred in relation to disposals of $2.6 million. Golar Partners and Hygo Post-Merger Services Agreements Upon completion of the GMLP Merger and the Hygo Merger, we entered into certain transition services agreements, corporate services agreements, ship management agreements and omnibus agreements with Golar Partners, Hygo and NFE. These agreements replaced the previous management and administrative services agreements, ship management agreements and guarantees that Golar provided to Golar Partners and Hygo. For the six months ended June 30, 2022, we: • earned ship management and administrative services fees amounting to $7.0 million; • incurred pool income from other participants in the pooling arrangement totaling $0.5 million; • declared distributions on Golar Hilli LLC (“Hilli LLC”) amounting to $14.9 million with respect to the common units owned by Golar Partners and accounted for $2.1 million of Hilli costs indemnification; and • earned charter and debt guarantee fees from Golar Partners and Hygo amounting to $1.0 million. As of June 30, 2022, we guaranteed $372.2 million of Hygo's gross long-term debt obligations.

Variable Interest Entities ("VI

Variable Interest Entities ("VIE")	6 Months Ended
	Jun. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Variable Interest Entities ("VIE")	VARIABLE INTEREST ENTITIES ("VIEs") 12.1 Lessor VIEs As of June 30, 2022, we leased one (December 31, 2021: eight) vessel(s) from a VIE as part of sale and leaseback agreements. Our continuing lessor VIE as of June 30, 2022, following the disposals of certain vessels and associated lessor VIEs to CoolCo, is with a China State Shipbuilding Corporation entity (the “CSSC” entity). The CSSC entity is a wholly-owned, newly formed special purpose vehicle (“Lessor SPV”). In this transaction, we sold our vessel and then subsequently leased back the vessel on a bareboat charter for a term of ten years. We have an option to repurchase the vessel at a fixed predetermined amount during its charter period and an obligation to repurchase the vessel at the end of the vessel's lease period. As further discussed in note 11, during the six months ended June 30, 2022, the Vessel SPA resulted in the disposal of eight of our subsidiaries, being the disponent owners of seven vessels ( Golar Seal; Golar Crystal, Golar Bear, Golar Glacier, Golar Snow, Golar Ice and Golar Kelvin ). Refer to note 5 to our consolidated financial statements filed with our 2021 Annual Report, for additional details. A summary of our payment obligations (excluding repurchase options and obligations) under the bareboat charter with the lessor VIE as of June 30, 2022, is shown below: (in thousands of $) 2022 (1) 2023 2024 2025 2026 2027+ Hilli (2) 56,831 110,019 105,459 100,673 96,000 113,414 (1) For the six months ending December 31, 2022. (2) The payment obligations above include variable rental payments due under the lease based on an assumed LIBOR plus margin. The assets and liabilities of the lessor VIE that most significantly impact our unaudited consolidated balance sheet as of June 30, 2022 and December 31, 2021, are as follows: (in thousands of $) June 30, 2022 December 31, 2021 Assets Restricted cash and short-term deposits 16,735 16,523 Liabilities Debt: Current portion of long-term debt and short-term debt (1) (359,572) (380,554) Long-term debt (1) (186,808) (216,313) (546,380) (596,867) (1) Where applicable, these balances are net of deferred finance charges. The most significant impact of the lessor VIE's operations on our unaudited consolidated statements of operations, and unaudited consolidated statements of cash flows are as follows: (in thousands of $) Six months ended June 30, 2022 2021 Continuing operations Statement of operations Interest expense 2,878 2,752 Statement of cash flows Net debt repayments (50,570) (49,704) Net debt receipts — 1,513 (in thousands of $) Six months ended June 30, 2022 2021 Discontinued operations Statement of operations Interest expense 3,814 10,976 Statement of cash flows Net debt repayments — (44,149) Net debt receipts — 9,850 Financing costs paid — (350) 12.2 Golar Hilli LLC Following the sale of common units in Golar Hilli LLC (“Hilli LLC”), we have retained sole control over the most significant activities and the greatest exposure to variability in residual returns and expected losses from the Hilli . Accordingly, management has concluded that Hilli LLC is a VIE and that we are the primary beneficiary. Summarized financial information of Hilli LLC The assets and liabilities of Hilli LLC (1) that most significantly impact our unaudited consolidated balance sheet are as follows: (in thousands of $) June 30, 2022 December 31, 2021 Balance sheet Current assets 105,809 157,643 Non-current assets 1,693,094 1,280,217 Current liabilities (394,467) (444,352) Non-current liabilities (242,814) (270,371) (1) As Hilli LLC is the primary beneficiary of the Hilli Lessor VIE (see above) the Hilli LLC balances include the Hilli Lessor VIE. The most significant impact of Hilli LLC VIE's operations on our unaudited consolidated statements of income, and unaudited consolidated statements of cash flows, are as follows: (in thousands of $) Six months ended June 30, 2022 2021 Statement of operations Liquefaction services revenue 123,421 110,134 Realized and unrealized gain on oil and gas derivative instruments 447,257 84,165 Statement of cash flows Net debt repayments (50,570) (49,704) Net debt receipts — 1,513 Cash dividends paid (25,305) (16,702) 12.3 Gimi MS Corporation Following the closing of the sale of 30% of the common units of Gimi MS Corporation (“Gimi MS”) to First FLNG Holdings in April 2019, we have determined that (i) Gimi MS is a VIE, (ii) we are the primary beneficiary and retain sole control over the most significant activities and the greatest exposure to variability in residual returns and expected losses from the Gimi . Thus, Gimi MS continues to be consolidated into our financial statements. Summarized financial information of Gimi MS The assets and liabilities of Gimi MS that most significantly impact our unaudited consolidated balance sheet are as follows: (in thousands of $) June 30, 2022 December 31, 2021 Balance sheet Current assets 235 7,107 Non-current assets 1,093,723 877,835 Current liabilities (18,340) (18,127) Non-current liabilities (515,236) (389,244) The most significant impact of Gimi MS VIE's operations on our unaudited consolidated statements of cash flows, is as follows: (in thousands of $) Six months ended June 30, 2022 2021 Statement of cash flows Additions to asset under development 175,230 168,392 Capitalized financing costs (2,080) (3,259) Net debt receipts 125,000 110,000 Proceeds from subscription of equity interest 11,270 12,812

Restricted Cash and Short-Term

Restricted Cash and Short-Term Deposits	6 Months Ended
	Jun. 30, 2022
Supplemental Cash Flow Elements [Abstract]
Restricted Cash and Short-Term Deposits	RESTRICTED CASH AND SHORT-TERM DEPOSITS Our restricted cash and short-term deposits balances are as follows: (in thousands of $) June 30, 2022 December 31, 2021 Restricted cash in relation to the Hilli (1) 60,817 60,720 Restricted cash and short-term deposits held by lessor VIEs (note 12) 16,735 16,523 Restricted cash in relation to the LNG Croatia (2) 11,344 11,328 Restricted cash related to Hygo performance guarantee (3) 1,502 1,500 Restricted cash relating to office lease 1,068 2 Restricted cash in relation to liability on legacy UK tax leases (4) — 16,000 Total restricted cash and short-term deposits 91,466 106,073 Less: Amounts included in current restricted cash and short-term deposits (18,238) (34,025) Long-term restricted cash 73,228 72,048 (1) In November 2015, in connection with the issuance of a $400 million letter of credit (“LC”) by a financial institution to the customer of the FLNG Hilli , we recognized an initial cash collateral of $305.0 million to support the Hilli performance guarantee. Under the provisions of the LC, the terms allow for a stepped reduction in the value of the guarantee over time and thus, a concurrent reduction in the cash collateral requirements. In May 2021, once the Hilli reached 3.6 million tonnes of LNG production, the LC was reduced to $100 million and the cash collateral to $60.8 million. (2) In connection with the O&M Agreement, we are required to maintain a performance guarantee of €9.3 million and $1.3 million, which will remain restricted throughout the 10-year term of the O&M Agreement. (3) In connection with the disposal of Hygo, we provided a $1.5 million performance guarantee to the senior lenders of Centrais Eléctricas de Sergipe S.A. (“CELSE”) to enable the lenders to waive their requirement for consent in the event of a change of control and extend the technical completion date. (4) The lessor of our six legacy UK leases had a first priority security interest in relation to the Golar Gandria and second priority interests in relation to the Golar Tundra and Golar Frost with cash collateral of $16.0 million. Upon reaching a settlement in April 2022, this was released (note 22).

Other Current Assets

Other Current Assets	6 Months Ended
	Jun. 30, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Other Current Assets	OTHER CURRENT ASSETS (in thousands of $) June 30, 2022 December 31, 2021 Investment in listed equity securities (1) 491,754 450,225 TTF swap collateral (2) 13,520 6,940 Prepaid expenses 4,278 2,745 Gas derivative instrument (note 20) — 79,578 MTM commodity swap valuation (note 20) — 1,753 Other receivables 2,851 2,558 Other current assets 512,403 543,799 (1) “Investment in listed equity securities” relates to our 12.4 million NFE Shares (December 31, 2021: 18.6 million NFE Shares). The balance as at December 31, 2021 includes a $0.6 million dividend receivable ( June 30, 2022: $nil) which is presented in the income statement line-item “Other non-operating income/(losses)”.

Asset Under Development

Asset Under Development	6 Months Ended
	Jun. 30, 2022
Extractive Industries [Abstract]
Asset Under Development	ASSET UNDER DEVELOPMENT (in thousands of $) June 30, 2022 December 31, 2021 Opening asset under development balance 877,838 658,247 Additions 165,847 178,377 Interest costs capitalized 23,895 41,214 Closing asset under development balance 1,067,580 877,838 Gimi conversion In February 2019, we entered into a lease and operate agreement with BP Mauritania Investments LTD (“BP”) for the employment of a FLNG, the Gimi , after conversion to an FLNG for a term of 20-years (the “LOA”). In April 2019, we completed the sale of 30% of the total issued ordinary share capital of Gimi MS to First FLNG Holdings. In October 2020, we announced that we had confirmed a revised project schedule with BP which extended the target connection date by 11 months to 2023. In June 2022, we agreed to a $50 million incentive payment to Keppel Shipyard Limited (“Keppel Shipyard”) for initiatives to safeguard sail away within first half of 2023. The aggregated conversion cost including financing cost is approximately $1.7 billion of which $700 million is funded by the Gimi facility (note 18). As of June 30, 2022, the estimated timing of the outstanding payments in connection with the Gimi conversion are as follows: (in thousands of $) Period ending December 31, 2022 (1) 190,704 2023 296,587 2024 122,425 609,716 (1) For the six months ending December 31, 2022

Equity Method Investments

Equity Method Investments	6 Months Ended
	Jun. 30, 2022
Equity Method Investments and Joint Ventures [Abstract]
Equity Method Investments	EQUITY METHOD INVESTMENTS Six months ended June 30, (in thousands of $) 2022 2021 Share of net income of CoolCo 5,390 — Share of net income of ECGS 156 4 Share of net (losses)/income of Avenir (2,537) 153 Net income from equity method investments 3,009 157 The carrying amounts of our equity method investments as of June 30, 2022 and December 31, 2021 are as follows: (in thousands of $) June 30, 2022 December 31, 2021 CoolCo (note 11) 134,862 — Avenir 45,376 47,913 ECGS 4,455 4,302 Equity method investments 184,693 52,215

Other Non-Current Assets

Other Non-Current Assets	6 Months Ended
	Jun. 30, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Other Non-Current Assets	OTHER NON-CURRENT ASSETS Other non-current assets comprise the following: (in thousands of $) June 30, 2022 December 31, 2021 Oil derivative instrument (note 20) 296,773 127,480 Gas derivative instrument (note 20) 268,857 — MTM interest rate swaps valuation (note 20) 32,283 — Operating lease right-of-use-assets 6,537 10,513 Other 5,713 3,672 Other non-current assets 610,163 141,665

Debt

Debt	6 Months Ended
	Jun. 30, 2022
Debt Disclosure [Abstract]
Debt	DEBT As of June 30, 2022 and December 31, 2021, our debt was as follows: (in thousands of $) June 30, 2022 December 31, 2021 Gimi facility (535,000) (410,000) Norwegian Bonds (299,480) (299,403) Golar Arctic facility (25,531) (29,178) 2017 Convertible Bonds — (315,646) Subtotal (excluding lessor VIE debt) (860,011) (1,054,227) CSSC VIE debt - Hilli facility (1) (546,710) (597,280) Total debt (gross) (1,406,721) (1,651,507) Less: Deferred financing costs 24,444 28,207 Total debt, net of deferred financing costs (1,382,277) (1,623,300) At June 30, 2022, our debt, net of deferred financing costs, is broken down as follows: Golar debt VIE debt (1) Total debt (in thousands of $) Current portion of long-term debt and short-term debt (7,219) (359,572) (366,791) Long-term debt (828,678) (186,808) (1,015,486) Total (835,897) (546,380) (1,382,277) (1) This amount relates to the lessor VIE (for which legal ownership resides with a financial institution) that we are required to consolidate under U.S. GAAP (see note 12). 2017 Convertible Bonds In February 2017, we closed a $402.5 million aggregate principal amount of 2.75% convertible senior unsecured notes due 2022 (“2017 Convertible Bonds”). In February 2022, we fully redeemed the outstanding notional value of our 2017 Convertible Bonds, inclusive of interest, amounting to $321.7 million. Golar Tundra facility In December 2021, we entered into a secured loan facility for $182.0 million (“the Golar Tundra Facility”). The Golar Tundra facility bears interest at LIBOR plus a margin of 3% and is repayable over a term of five years. In May 2022, concurrent with the sale of the Golar Tundra to Snam, we repaid in full the Golar Tundra Facility, including accrued interests. Corporate RCF In November 2021, we executed a $200.0 million revolving facility (the “Corporate RCF”) which has a term of three years . The Corporate RCF bears interest at LIBOR plus a margin of 2.8% and is secured against our NFE Shares (note 14). Under the terms of the facility, we are permitted to release a portion of the pledged NFE Shares in accordance with the prescribed loan to value ratio based on the then-current market value of such NFE Shares. In February 2022, we had drawn $131.0 million of the available funds, which we repaid in May 2022. As of June 30, 2022, the facility remains undrawn and available for use.

Other Current Liabilities

Other Current Liabilities	6 Months Ended
	Jun. 30, 2022
Other Liabilities Disclosure [Abstract]
Other Current Liabilities	OTHER CURRENT LIABILITIES (in thousands of $) June 30, 2022 December 31, 2021 Day 1 gain deferred revenue - current portion (1) (12,783) (38,242) MTM commodity swap valuation (note 22) (12,653) (88) Deferred operating cost and revenue (4,220) (5,584) Current portion of operating lease liability (2,699) (3,076) Liability for legacy UK tax leases (note 22) — (71,739) MTM interest rate swaps valuation (note 20) — (17,300) Other payables (2,800) (454) Other current liabilities (35,155) (136,483)

Financial Instruments

Financial Instruments	6 Months Ended
	Jun. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Financial Instruments	FINANCIAL INSTRUMENTS Fair values We recognize our fair value estimates using a fair value hierarchy based on the inputs used to measure fair value. The fair value hierarchy has three levels based on reliability of inputs used to determine fair value as follows: Level 1: Quoted market prices in active markets for identical assets and liabilities. Level 2: Observable market based inputs or unobservable inputs that are corroborated by market data. Level 3: Unobservable inputs that are not corroborated by market data. The carrying values and estimated fair values of our financial instruments at June 30, 2022 and December 31, 2021 are as follows: June 30, 2022 December 31, 2021 (in thousands of $) Fair value Carrying value Fair value Carrying value Fair value Non-Derivatives: Cash and cash equivalents (1) Level 1 528,798 528,798 232,211 232,211 Restricted cash and short-term deposits (2) Level 1 91,466 91,466 106,073 106,073 Trade accounts receivable (3) Level 1 54,380 54,380 28,912 28,912 Investment in listed equity securities (4) Level 1 491,754 491,754 449,666 449,666 Trade accounts payable (3) Level 1 (18,959) (18,959) (4,936) (4,936) Assets held for sale (note 11) Level 2 2,669 2,669 1,697,039 1,697,039 Liabilities held for sale (note 11) Level 2 (1,455) (1,455) (879,477) (879,477) Current portion of long-term debt and short-term debt (5) (6) (7) Level 2 (367,004) (367,004) (388,005) (388,005) Current portion of 2017 Convertible Bonds (6) (8) Level 2 — — (315,646) (316,561) Long-term debt (6) (7) Level 2 (740,236) (740,236) (947,855) (947,855) Long-term debt - Norwegian Bonds (6) (8) Level 1 (299,480) (281,517) — — Derivatives: Oil and gas derivative instruments (9) (10) Level 2 565,630 565,630 207,058 207,058 Interest rate swaps asset (9) (11) (12) Level 2 32,283 32,283 — — Interest rate swaps liability (9) (11) (12) Level 2 — — (17,300) (17,300) Commodity swap asset (9) (11) Level 2 — — 1,753 1,753 Commodity swap liability (9) (11) Level 2 (12,653) (12,653) (88) (88) (1) The carrying value of cash and cash equivalents, which are highly liquid, is a reasonable estimate of fair value. (2) The carrying value of restricted cash and short-term deposits is considered to be equal to the estimated fair value because of their near term maturity. (3) The carrying values of trade accounts receivable and trade accounts payable approximate fair values because of the near term maturity of these instruments. (4) “Investment in listed equity securities” refers to our NFE Shares (note 14). The fair value was calculated using the NFE closing share price as of June 30, 2022, resulting in a valuation of $491.8 million and a realized and unrealized gain of $295.0 million (June 30, 2021: Realized and unrealized loss of $86.7 million). (5) The carrying amounts of our short-term debt approximate their fair values because of the near term maturity of these instruments. (6) Our debt obligations are recorded at amortized cost in the unaudited consolidated balance sheets. The amounts presented in the above table are gross of the deferred charges amounting to $24.4 million and $28.2 million at June 30, 2022 and December 31, 2021, respectively. (7) The estimated fair values for both the floating long-term debt and short-term debt are considered to be equal to the carrying value since they bear variable interest rates, which are adjusted on a quarterly or six-monthly basis. (8) The estimated fair values of the unsecured 2017 Convertible Bonds and our $300.0 million senior unsecured bonds (the “2021 Norwegian Bonds”) are based on their quoted market prices as of the balance sheet date. In February 2022, following the listing of the 2021 Norwegian Bonds, the fair value hierarchy had been transferred from level 2 to level 1. (9) Derivative assets are generally captured within other current assets and non-current assets; oil and gas derivative liabilities are captured within other current liabilities and non-current liabilities; and interest rates and commodity swap derivative liabilities are captured within other current liabilities on the balance sheet. (10) The fair value of the oil and gas derivative instruments was determined using the estimated discounted cash flows of the additional payments due to us as a result of oil prices moving above a contractual oil price floor over the term of the LTA (Brent crude oil price linked) and the estimated discounted cash flows of the additional payments due to us until the end of the contract in 2026 as a result of gas prices moving with respect to the contractual pricing terms per the Amendment 3 to the LTA and the Euro/USD exchange rates based on the forex forward curve (TTF price linked). Significant inputs used in the valuation of the oil and gas derivative instruments include management’s estimate of an appropriate discount rate and the length of time necessary to blend the long-term and short-term oil and gas prices obtained from quoted prices in active markets. (11) The fair value of certain derivative instruments is the estimated amount that we would receive or pay to terminate the agreements at the reporting date, taking into account current interest rates, foreign exchange rates, closing quoted market prices and our creditworthiness and that of our counterparties. (12) The credit exposure of interest rate swap agreements is represented by the fair value of contracts with a positive value at the end of each period, reduced by the effects of master netting arrangements. It is our policy to enter into master netting agreements with counterparties to derivative financial instrument contracts, which give us the legal right to discharge all or a portion of the amounts owed to the counterparty by offsetting them against amounts that the counterparty owes to us. As of June 30, 2022, we were party to the following interest rate swap transactions involving the payment of fixed rates in exchange for LIBOR as summarized below: Instrument (in thousands of $) Notional value Maturity dates Fixed interest rates Interest rate swaps: Receiving floating, pay fixed 550,000 2024 to 2029 1.69% - 2.37% Commodity price risk management A derivative asset, representing the fair value of the estimated discounted cash flows of payments due as a result of the Brent crude oil price moving above the contractual floor of $60.00 per barrel over the contract term, was recognized in December 2017 following the effectiveness of Amendment 3 to the LTA. Golar bears no downside risk should the Brent crude oil price fall below $60.00. The 2022 Incremental Capacity for the Hilli is linked to TTF gas prices. As of June 30, 2022, we were party to a commodity swap involving the payment of fixed prices in exchange for Dutch natural gas to manage our exposure to the TTF gas prices volatility, as summarized below: Instrument Notional quantity (MMBtu) Maturity date Fixed price/MMBtu Commodity swap derivatives: Receiving fixed, pay floating 806,502 2022 $23.25 to $27.50 It is our policy to enter into master netting agreements with the counterparties to derivative financial instrument contracts, which give us the legal right to discharge all or a portion of amounts owed to the counterparty by offsetting them against amounts that the counterparty owes to us. We have elected not to offset the fair values of derivative assets and liabilities executed with the same counterparty that are generally subject to enforceable master netting arrangements. As a result, the amounts presented in our unaudited consolidated balance sheet in relation to interest rate and commodity swaps have not been offset. For our commodity swaps, if we were to offset and record the asset and liability balances of derivatives on a net basis, the amounts presented in our unaudited consolidated balance sheets as of June 30, 2022 and December 31, 2021 would be adjusted in the following table: June 30, 2022 December 31, 2021 Gross amounts presented in the unaudited consolidated balance sheet Gross amounts not offset in the unaudited consolidated balance sheet subject to netting agreements Net amount Gross amounts presented in the unaudited consolidated balance sheet Gross amounts not offset in the unaudited consolidated balance sheet subject to netting agreements Net amount (in thousands of $) Commodity swaps Total derivative assets — — — 1,753 (88) 1,665 Total derivative liabilities (12,653) — (12,653) (88) 88 —

Related Party Transactions

Related Party Transactions	6 Months Ended
	Jun. 30, 2022
Related Party Transactions [Abstract]
Related Party Transactions	RELATED PARTY TRANSACTIONS a) Transactions with CoolCo: As further described in note 11, on June 30, 2022, we completed the CoolCo Disposal. As of June 30, 2022, we recognized an investment in CoolCo of $134.9 million, representing our 31.3% interest (note 16) and entered into the following transactions: Net revenues: The transactions as a result of the CoolCo Disposal for the six months ended June 30, 2022 consisted of the following: Six months ended June 30, (in thousands of $) 2022 Management and administrative services revenue (1) 1,160 Ship management fees revenue (2) 1,249 Debt guarantee compensation (3) 279 Commitment fee (4) 54 Total 2,742 (1) Management and administrative services revenue – Golar Management Limited (“Golar Management”), a wholly-owned subsidiary of Golar, and Golar Management (Bermuda) Ltd, entered into the CoolCo TSA pursuant to which we provided corporate administrative services to CoolCo. On June 30, 2022, upon completion of the CoolCo Disposal, the CoolCo TSA was replaced by the CoolCo ASA. (2) Ship management fees – We provided commercial and technical management to the LNG carriers that had been disposed under existing management agreements, however the CoolCo TSA revised the annual management fee payable to us per vessel. On June 30, 2022, upon completion of the CoolCo Disposal, the ship management agreements terminated. (3) Debt guarantee compensation – We agreed to remain as the guarantor of the payment obligations of two of the disposed subsidiaries' debt relating to two LNG carriers, Golar Ice and Golar Kelvi n, in exchange for a guarantee fee of 0.5% on the outstanding principal balances, which as of June 30, 2022 is $226.9 million. The compensation amounted to $0.3 million for the six months ended June 30, 2022. (4) Commitment fee – We advanced a two year revolving credit facility of $25.0 million to CoolCo, which remains undrawn as of June 30, 2022. The facility bears a fixed interest rate and commitment fee on the undrawn loan of 5% and 0.5% per annum, respectively. The commitment fee amounted to $0.1 million for the six months ended June 30, 2022. Receivables: The balances with CoolCo and its subsidiaries as of June 30, 2022 consisted of the following: (in thousands of $) June 30, 2022 Balance due from CoolCo and subsidiaries (5) 3,221 (5) Balances due from CoolCo and its subsidiaries - Amounts due to/from CoolCo and its subsidiaries are comprised primarily of unpaid management servic es, amounts arising from the results of CoolCo's vessels participating in the Cool Pool, short term loan and other related arrangements. Payables and receivables are generally settled quarterly in arrears. Balances owing to or due from CoolCo and its subsidiaries are unsecured, interest-free and intended to be settled in the ordinary course of business. Other transactions: Net Cool Pool expenses - The eight TFDE vessels sold in the CoolCo Disposal were previously managed by Golar under the terms of the Cool Pool. The net expenses relating to the CoolCo's vessels participation in the pool amounted to $2.0 million for the six months ended June 30, 2022 . This is presented in our unaudited consolidated statement of operation in the line item “Net (loss)/income from discontinued operations”. b) Transactions with existing related parties: Net (expenses)/revenue: The transactions with other related parties for the six months ended June 30, 2022 and 2021 consisted of the following: Six months ended June 30, (in thousands of $) 2022 2021 Avenir LNG (1) 148 234 Magni Partners (2) (9) (172) ECGS (3) — 1,482 Borr Drilling (4) — 167 2020 Bulkers (5) — 53 Total 139 1,764 Receivables: The balances with other related parties as of June 30, 2022 and December 31, 2021 consisted of the following: (in thousands of $) June 30, 2022 December 31, 2021 Avenir LNG (1) 3,374 3,225 Magni Partners (2) 81 81 Borr Drilling — 149 2020 Bulkers — 29 Total 3,455 3,484 (1) Avenir LNG Limited (“Avenir”) entered into agreements to compensate Golar in relation to the provision of certain debt guarantees relating to Avenir and its subsidiaries. This compensation amounted to $0.1 million and $0.2 million for the six months ended June 30, 2022 and 2021, respectively. In October 2021, we advanced a one year revolving shareholder loan of $5.3 million to Avenir, of which $1.8 million was drawn as of June 30, 2022. The facility bears a fixed interest rate of 5% per annum. Interest and commitment fee receivable on the undrawn portion of the loan amounted to $44.0 thousand and $35.0 thousand for the six months ended June 30, 2022, respectively. (2) Magni Partners - Tor Olav Trøim is the founder of, and partner in, Magni Partners (Bermuda) Limited (“Magni Partners”), a privately held Bermuda company, and is the ultimate beneficial owner of the company. Receivables and payables from Magni Partners comprise primarily of the cost (without mark-up) or part cost of personnel employed by Magni Partners who have provided advisory and management services to Golar. These costs do not include any payment for any services provided by Tor Olav Trøim himself. (3) We chartered the Golar Ice to Eqyptian Company for Gas Services S.A.E. (“ECGS”) during the six months ended June 30, 2021. There was no comparable transaction in the same period in 2022. (4) Borr Drilling - Tor Olav Trøim is the founder, and director of Borr Drilling Limited (“Borr Drilling”), a Bermuda company listed on the Oslo and Nasdaq stock exchanges. Receivables comprise primarily of management and administrative services provided by our Bermuda corporate office. Effective from January 2022, Borr Drilling ceased to be a related party. (5) 2020 Bulkers - Receivables comprise primarily of management and administrative services provided by our Bermuda corporate office. Effective from January 2022, 2020 Bulkers Ltd. (“2020 Bulkers”) ceased to be a related party. c) Transactions with former related parties c.1) Golar Partners and subsidiaries: Following the completion of the GMLP Merger on April 15, 2021, Golar Partners ceased to be a related party and subsequent transactions with Golar Partners and its subsidiaries are treated as a third party and settled under normal payment terms. For the balances with Golar Partners and its subsidiaries prior to the completion of the GMLP Merger, we retrospectively adjusted the comparative period and classified them as held for sale. Furthermore, the management and administrative services agreement and ship management fee agreement were terminated and replaced with the transition services agreement, Bermuda services agreement and ship management agreements (note 11). Net revenues: The transactions with Golar Partners and its subsidiaries for the period January 1, 2021 to April 15, 2021 consisted of the following: Period January 1, 2021 to April 15, 2021 (in thousands of $) 2021 Management and administrative services revenue 1,717 Ship management fees revenue 2,251 Interest income on short-term loan 18 Total 3,986 Other transactions: During the period from January 1, 2021 to April 15, 2021 we received total distributions from Golar Partners of $0.5 million with respect to the common units and general partner units owned by us at that time. During the period from January 1, 2021 to April 15, 2021 Hilli LLC had declared distributions totaling $7.8 million with respect of its common units owned by Golar Partners. In connection with the Hilli disposal, we agreed to indemnify Golar Partners for certain costs incurred in Hilli operations when these costs exceed a contractual ceiling. During the period from January 1, 2021 to April 15, 2021 we recognized $nil with respect to this Hilli indemnification arrangement. c.2) Hygo and subsidiaries: Following the completion of the Hygo Merger on April 15, 2021, Hygo ceased to be a related party and subsequent transactions with Hygo and its subsidiaries are treated as third-party transactions and settled under normal payment terms. For the balances with Hygo and its subsidiaries prior to the completion of the Hygo Merger, we retrospectively adjusted the comparative period and classified them as held for sale. Furthermore, the management and administrative services agreement and ship management fee agreement were terminated and replaced with the transition services agreement, Bermuda services agreement and ship management agreements (note 11). Net revenues: The transactions with Hygo and its affiliates for the period January 1, 2021 to April 15, 2021 consisted of the following: Period January 1, 2021 to April 15, 2021 (in thousands of $) 2021 Management and administrative services revenue 2,051 Ship management fees income 904 Debt guarantee compensation 676 Total 3,631 Other transactions: Net Cool Pool expenses - Net expenses relating to the other pool participants are presented in our unaudited consolidated statement of operation in the line item “Voyage, charter hire and commission expenses” for the period ended April 15, 2021 amounted to $2.9 million.

Other Commitments and Contingen

Other Commitments and Contingencies	6 Months Ended
	Jun. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Other Commitments and Contingencies	OTHER COMMITMENTS AND CONTINGENCIES Assets pledged (in thousands of $) June 30, 2022 December 31, 2021 Book value of vessels secured against loans (1) 1,139,855 1,242,342 (1) This excludes the Gimi which is classified as “Assets under development” (see note 15) and secured against its specific debt facility (note 18). Corporate RCF As of June 30, 2022, the Corporate RCF is secured by a pledge against our NFE Shares. We are permitted under the terms of the facility, to release a portion of the pledged NFE Shares in accordance with the prescribed loan to value ratio based on the then-current market value of such NFE Shares. Capital Commitments Gandria We have agreed contract terms for the conversion of the Gandria to a FLNG. The Gandria is currently in lay-up awaiting delivery to Keppel Shipyard for conversion. The conversion agreement is subject to certain payments and lodging of a full Notice to proceed. We have also provided a guarantee to cover the sub-contractor's obligations in connection with the conversion of the vessel. UK tax lease benefits As described under note 29 in our audited consolidated financial statements filed with our 2021 Annual Report, during 2003 we entered into six UK tax leases. Under the terms of the leasing arrangements, the benefits are derived primarily from the tax depreciation assumed to be available to the lessors as a result of their investment in the vessels. As is typical in these leasing arrangements, as the lessee we were obligated to maintain the lessor’s after-tax margin. The UK tax authorities (“HMRC”) have been challenging the use of similar lease structures and had engaged in litigation of a test case. In 2021, we reached a settlement with HMRC and in April 2022, we settled our liability to the HMRC in full, resulting in a payment of $66.4 million, inclusive of fees.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2022
Subsequent Events [Abstract]
Subsequent Events	SUBSEQUENT EVENTS Hilli 2023+ expansion option exercise In July 2022, Perenco Cameroon S.A. (“Perenco”) and Société Nationale des Hydrocarbures (“SNH”) exercised the option to increase the utilization capacity of Hilli by up to 0.2 million tons of LNG per year from January 2023 through to the end of the current contract term in July 2026. This will increase the total annual LNG production of Hilli to 1.4 million tons from January 2023 onwards from its contracted base capacity of 1.2 million tons. The tolling fee for the 2023+ incremental capacity is linked to European gas prices at the Dutch Title Transfer Facility (“TTF”). In August 2022, we entered into swap arrangements to hedge part of our TTF price exposure for the 2023 and 2024 incremental 0.2 million tons per annum at a fixed price of $49.50 and $51.20, respectively, per Metric Million British Thermal Unit (“MMBtu”).

Accounting Policies (Policies)

Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
Basis of accounting	These unaudited consolidated financial statements are prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”). These unaudited consolidated financial statements do not include all of the disclosures required under U.S. GAAP in annual consolidated financial statements, and should be read in conjunction with our audited consolidated annual financial statements for the year ended December 31, 2021, which are included in our annual report on Form 20-F for the fiscal year ended December 31, 2021, filed with the Securities and Exchange Commission on April 28, 2022
Use of estimates	The preparation of financial statements in accordance with U.S. GAAP requires that management make estimates and assumptions affecting the reported amounts of assets and liabilities and disclosure of material contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. In assessing the recoverability of our vessels’ carrying amounts, we make assumptions regarding estimated future cash flows, estimates in respect of residual value, charter rates, ship operating expenses and drydocking requirements. In relation to the oil derivative instruments (note 20), the fair value was determined using the estimated discounted cash flows of the additional payments due to us as a result of oil prices moving above a contractual oil price floor over the term of the Hilli's Liquefaction Tolling Agreement (“LTA”). The fair value of the gas derivative was determined using the estimated discounted cash flows of the additional payments due to us as a result of forecasted natural gas prices and forecasted Euro/USD exchange rates. Significant inputs used in the valuation of the oil and gas derivative instruments include management’s estimate of the likelihood the Customer would exercise the option to increase the capacity of Hilli by 0.2 million tons of LNG per year from January 2023 through the end of the LTA in July 2026, an appropriate discount rate and the length of time necessary to blend the long-term and short-term oil and gas prices obtained from quoted prices in active markets. The changes in fair value of our oil and gas derivative instruments are recognized in each period within “Realized and unrealized gains on oil and gas derivative instruments” as part of the unaudited consolidated statement of operations (note 7). During the period ended June 30, 2022, as a result of the worldwide outbreak of the coronavirus (“COVID-19”) and its impact on our operations, we considered whether indicators of impairment existed that could indicate that the carrying amounts of the vessels may not be recoverable as of June 30, 2022 and concluded that, with the exception of the impairment
Adoption of new accounting standards and Accounting pronouncements that have been issued but not adopted	Adoption of new accounting standards In March 2020, the FASB issued ASU 2020-04 Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting and in January 2021 the FASB issued ASU 2021-01 Reference Rate Reform (Topic 848): Scope . These amendments provide temporary optional expedients and exception for applying U.S. GAAP to contracts, hedging relationships, and other transactions affected by reference rate reform if certain criteria are met. We currently do not believe the use of optional expedients in ASU 2020-04 and ASU 2021-01 will have a significant impact on our consolidated financial statements, however we will continue to evaluate this until December 31, 2022. In August 2020, the FASB issued ASU 2020-06 Debt – Debt with Conversion and Other Options (Topic 470) and Derivatives and Hedging - Contracts in Entity’s Own Equity (Topic 815) . The amendments simplify the issuer’s accounting for convertible instruments and its application of the equity classification guidance. The new guidance eliminates some of the existing models for assessing convertible instruments, which results in more instruments being recognized as a single unit of account on the balance sheet and expands disclosure requirements. The new guidance simplifies the assessment of contracts in an entity’s own equity and existing EPS guidance in ASC 260. We adopted this with effect from January 1, 2022. We adjusted the additional paid in capital as of January 1, 2022 in our unaudited consolidated statement of changes in equity as included herein. In May 2021, the FASB issued ASU 2021-04 Earnings Per Share (Topic 260), Debt—Modifications and Extinguishments (Subtopic 470-50), Compensation—Stock Compensation (Topic 718), and Derivatives and Hedging —Contracts in Entity’s Own Equity (Subtopic 815-40) . We adopted this with effect from January 1, 2022. The adoption of ASU 2021-04 had no impact on our consolidated financial statements. In July 2021, the FASB issued ASU 2021-05 Leases (Topic 842) – Lessors – Certain Leases with Variable Lease Payments . We adopted this with effect from January 1, 2022. The adoption of ASU 2021-05 has no impact on our consolidated financial statements. Accounting pronouncements that have been issued but not yet adopted The following table provides a brief description of recent accounting standards that have been issued but not yet adopted: Standard Description Date of Adoption Effect on our Consolidated Financial Statements or Other Significant Matters ASU 2021-08 Business Combinations (Topic 805) - Accounting for contract assets and contract liabilities from contracts with customers Requires contract assets and contract liabilities (i.e., deferred revenue) acquired in a business combination to be recognized and measured by the acquirer on the acquisition date in accordance with ASC 606. Generally, this new guidance will result in the acquirer recognizing contract assets and contract liabilities at the same amounts recorded by the acquiree (rather than having such amounts recognized by the acquirer at fair value in acquisition accounting, as has been historical practice). January 1, 2023 No impact currently expected as a result of the adoption of this ASU. ASU 2022-03 Fair Value Measurement (Topic 820) - Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions This amendment is intended to reduce diversity in practice in the measurement of the fair value of equity securities subject to contractual sale restrictions. For entities that have investments in equity securities that are subject to contractual sale restrictions, the contractual restriction on the sale is not considered part of the unit of account of the equity security, is not considered when measuring fair value and additional disclosures are required. This amendment is required to be applied prospectively from date of adoption; early adoption is permitted. January 1, 2024 No impact currently expected as a result of the adoption of this ASU.

Recently Issued Accounting St_2

Recently Issued Accounting Standards (Tables)	6 Months Ended
	Jun. 30, 2022
Accounting Standards Update and Change in Accounting Principle [Abstract]
Schedule of New Accounting Pronouncements and Changes in Accounting Principles	The following table provides a brief description of recent accounting standards that have been issued but not yet adopted: Standard Description Date of Adoption Effect on our Consolidated Financial Statements or Other Significant Matters ASU 2021-08 Business Combinations (Topic 805) - Accounting for contract assets and contract liabilities from contracts with customers Requires contract assets and contract liabilities (i.e., deferred revenue) acquired in a business combination to be recognized and measured by the acquirer on the acquisition date in accordance with ASC 606. Generally, this new guidance will result in the acquirer recognizing contract assets and contract liabilities at the same amounts recorded by the acquiree (rather than having such amounts recognized by the acquirer at fair value in acquisition accounting, as has been historical practice). January 1, 2023 No impact currently expected as a result of the adoption of this ASU. ASU 2022-03 Fair Value Measurement (Topic 820) - Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions This amendment is intended to reduce diversity in practice in the measurement of the fair value of equity securities subject to contractual sale restrictions. For entities that have investments in equity securities that are subject to contractual sale restrictions, the contractual restriction on the sale is not considered part of the unit of account of the equity security, is not considered when measuring fair value and additional disclosures are required. This amendment is required to be applied prospectively from date of adoption; early adoption is permitted. January 1, 2024 No impact currently expected as a result of the adoption of this ASU.

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Jun. 30, 2022
Segment Reporting [Abstract]
Reconciliation of net profit / (loss) to adjusted EBITDA	A reconciliation of net income to Adjusted EBITDA is as follows: Six months ended June 30, (in thousands of $) 2022 2021 Net income 696,552 570,439 Income taxes 184 274 Income before income taxes 696,736 570,713 Depreciation and amortization 26,880 27,734 Impairment of long-term assets (1) 76,155 — Unrealized gain on oil and gas derivative instruments (note 7) (349,607) (81,190) Realized and unrealized (gains)/losses on our investment in listed equity securities (note 8) (295,048) 86,664 Other non-operating (income)/losses (note 8) (10,023) 71,431 Interest income (954) (57) Interest expense 11,435 16,568 Gains on derivative instruments (note 9) (47,877) (16,482) Other financial items, net (note 9) 3,607 (586) Net income from equity method investments (note 16) (3,009) (157) Net loss/(income) from discontinued operations (note 11) 82,352 (594,439) Adjusted EBITDA 190,647 80,199 (1) In May 2022, we entered into a sale and purchase agreement (the “Arctic SPA”) with SNAM RETE GAS S.p.A (part of “Snam”), pursuant to which, upon receipt of a notice to proceed, we will convert LNG carrier Golar Arctic to a FSRU, deliver, install and connect her to Snam's mooring, and following completion of commissioning activities and provisional acceptance, we will sell her to Snam. Entry into the Arctic SPA changes the expected recovery of Golar Arctic's carrying amount from continued use in operations over her remaining useful life, to recovery from sale, and was considered an indicator of impairment. The revised future estimated cash flows were less than her carrying amount on June 30, 2022 and an impairment charge of $76.2 million was recognized, reflecting an adjustment to her fair value (based on average broker valuation at date of measurement and represents the exit price in the principal LNG carrier sales market).
Segment Reporting Information	Six months ended June 30, 2022 (in thousands of $) Shipping FLNG Corporate and other (1) Total results from continuing operations Statement of Operations: Total operating revenues 3,235 123,421 13,509 140,165 Vessel operating expenses (3,819) (29,153) (3,228) (36,200) Voyage, charterhire and commission expenses (1,109) (300) (50) (1,459) Administrative expenses 69 (29) (20,103) (20,063) Project development expenses — (5,002) 1,450 (3,552) Realized gain on oil and gas derivative instruments, net (note 7) — 97,650 — 97,650 Other operating income — 14,106 — 14,106 Adjusted EBITDA (1,624) 200,693 (8,422) 190,647 Balance Sheet: June 30, 2022 (in thousands of $) Shipping FLNG Corporate and other (1) Segment assets from continuing operations Assets held for sale Total assets Total assets 48,497 2,884,246 1,287,363 4,220,106 2,669 4,222,775 Equity method investments (note 16) 134,862 — 49,831 184,693 — 184,693 Six months ended June 30, 2021 (in thousands of $) Shipping FLNG Corporate and other (1) Total results from continuing operations Statement of Operations: Total operating revenues 5,690 110,134 15,281 131,105 Vessel operating expenses (3,371) (26,045) (5,181) (34,597) Voyage, charterhire and commission expenses (107) (300) (41) (448) Administrative expenses (17) (328) (17,693) (18,038) Project development expenses — (16) (782) (798) Realized gain on oil and gas derivative instruments, net (note 7) — 2,975 — 2,975 Adjusted EBITDA 2,195 86,420 (8,416) 80,199 Balance Sheet: December 31, 2021 (in thousands of $) Shipping FLNG Corporate and other (1) Segment assets from continuing operations Assets held for sale Total assets Total assets 128,901 2,314,342 808,013 3,251,256 1,697,039 4,948,295 Equity method investments (note 16) — — 52,215 52,215 — 52,215 (1) Includes inter-segment eliminations arising from vessel and administrative management fees revenue between segments.

Revenue (Tables)

Revenue (Tables)	6 Months Ended
	Jun. 30, 2022
Revenue from Contract with Customer [Abstract]
Change in Contract with Customer, Asset and Liability	Changes in our contract balances during the period are as follows: (in thousands of $) Contract assets (1) Contract liabilities (2) Opening balance on January 1, 2022 21,778 (18,736) Payments received for services billed in prior period (21,769) — Services provided and billed in current period 118,883 — Payments received for services billed in current period (99,367) — Amortization of deferred commissioning period revenue — 2,043 Closing balance on June 30, 2022 19,525 (16,693) (1) Relates to management fee revenue and liquefaction services revenue, see a) and b) below. (2) Relates to liquefaction services revenue, see b) below.
Disaggregation of Revenue	b) Liquefaction services revenue: Six months ended June 30, (in thousands of $) 2022 2021 Base tolling fee (1) 102,251 102,250 Amortization of deferred commissioning period revenue billing (2) 2,043 2,043 Amortization of Day 1 gains (3) (4) 16,286 4,816 Overproduction revenue (5) 620 1,304 Incremental base tolling fee (6) 2,500 — Other (279) (279) Total 123,421 110,134 (1) The LTA bills at a base rate in periods when the oil price is $60 or less per barrel (included in “Liquefaction services revenue” in the unaudited consolidated statements of operations), and at an increased rate when the oil price is greater than $60 per barrel (recognized as a derivative and included in “Realized and unrealized gain/(loss) on oil and gas derivative instruments” in the unaudited consolidated statements of operations, excluded from revenue). (2) Customer billing during the commissioning period, prior to vessel acceptance and commencement of the contract term, of $33.8 million is considered an upfront payment for services. These amounts billed are deferred (included in “Other current liabilities” and “Other non-current liabilities” in the unaudited consolidated balance sheets) and recognized as part of “Liquefaction services revenue” in the consolidated statements of operations evenly over the contract term. (3) Day 1 gain which relates to the the Brent crude oil price linked derivative initially recognized in December 2017 for $79.6 million (recognized in “Other current liabilities” and “Other non-current liabilities” in the unaudited consolidated balance sheets). This amount is amortized and recognized as part of “Liquefaction services revenue” in the unaudited consolidated statements of operations evenly over the contract term. (4) Day 1 gain which relates to the Dutch Title Transfer Facility (“TTF”) gas price derivative initially recognized in July 2021 for $28.3 million (recognized in “Other current liabilities” and “Other non-current liabilities” in the consolidated balance sheets). This amount is amortized and recognized as part of “Liquefaction services revenue” in the unaudited consolidated statements of operations evenly over the contract term. (5) In February 2021, we entered into Amendment 2 to the LTA with our customer, who agreed to compensate us for production in excess of contracted based capacity. (6) In July 2021, we entered into Amendment 3 to the LTA with our customer, which included an increase in the utilization of Hilli (“the Hilli Extended Capacity Agreement”). Commencing in January 2022, the annual capacity utilization of Hilli increased by 0.2 million tons of LNG, bringing total utilization in 2022 to 1.4 million tons (“2022 Incremental Capacity”). The tolling fee for the 2022 Incremental Capacity is linked to TTF and the Euro/USD foreign exchange movements (note 7).

Earnings_(Loss) Per Share (Tabl

Earnings/(Loss) Per Share (Tables)	6 Months Ended
	Jun. 30, 2022
Earnings Per Share [Abstract]
Schedule of (Losses) Earnings Per Share	The components of the numerator for the calculation of basic and diluted EPS/(LPS) are as follows: (in thousands of $) Six months ended June 30, 2022 2021 Net income/(loss) net of non-controlling interests - continuing operations - basic and diluted 665,772 (78,999) Net (loss)/income net of non-controlling interests - discontinued operations - basic and diluted (90,558) 575,796 The components of the denominator for the calculation of basic EPS/(LPS) are as follows: (in thousands of $) Six months ended June 30, 2022 2021 Basic: Weighted average number of common shares outstanding 108,125 110,093 Dilutive: Dilutive impact of share options and RSUs 407 197 Weighted average number of common shares outstanding 108,532 110,290 EPS/(LPS) per share are as follows: Six months ended June 30, 2022 2021 Basic EPS/(LPS) from continuing operations $ 6.16 $ (0.72) Diluted EPS/(LPS) from continuing operations $ 6.13 $ (0.72) Basic and diluted (LPS)//EPS from discontinued operations $ (0.84) $ 5.23

Realized and Unrealized Gain _2

Realized and Unrealized Gain on Oil and Gas Derivative Instruments (Tables)	6 Months Ended
	Jun. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Summary Of Realized And Unrealized Gain/(Loss) On The Oil And Gas Derivative Instruments	The realized and unrealized gain on the oil and gas derivative instruments comprise the following: Six months ended June 30, 2022 2021 Realized gain on Hilli gas derivative instrument 55,682 — Realized gain on Hilli oil derivative instrument 50,102 2,975 Realized mark-to-market (“MTM”) loss on commodity swap derivatives (8,134) — Realized gain on oil and gas derivative instruments, net 97,650 2,975 Unrealized gain on Hilli gas derivative instrument (note 17) 194,632 — Unrealized gain on Hilli oil derivative instrument (note 17) 169,293 81,190 Unrealized MTM adjustment for commodity swap derivatives (14,318) — Unrealized gain on oil and gas derivative instruments, net 349,607 81,190 Realized and unrealized gain on oil and gas derivative instruments (note 20) 447,257 84,165

Other Non-Operating Income (Tab

Other Non-Operating Income (Tables)	6 Months Ended
	Jun. 30, 2022
Other Income and Expenses [Abstract]
Schedule of Other Nonoperating Income (Expense)	Other non-operating income/(loss) comprise the following: Six months ended June 30, 2022 2021 Realized and unrealized MTM gain/(loss) on our investment in listed equity securities (note 20) 295,048 (86,664) UK tax lease contingent liability (note 22) 6,918 (73,294) Dividend income from our investment in listed equity securities 3,105 1,863 Other non-operating income/(loss) 305,071 (158,095)

Gains on Derivative Instrumen_2

Gains on Derivative Instruments and Other Financial Items, Net (Tables)	6 Months Ended
	Jun. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments	Gains on derivative instruments, net comprise the following: (in thousands of $) Six months ended June 30, 2022 2021 Unrealized MTM adjustment for interest rate swaps 49,582 16,804 Interest expense on undesignated interest rate swaps (1,705) (562) Foreign exchange gain on terminated undesignated foreign exchange swaps — 240 Gains on derivative instruments, net 47,877 16,482
Components of Other Financial Items	Other financial items, net comprise the following: (in thousands of $) Six months ended June 30, 2022 2021 Financing arrangement fees and other costs (5,964) (94) Amortization of debt guarantee 1,341 1,326 Foreign exchange gain/(loss) on operations 1,145 (496) Others (129) (150) Other financials items, net (3,607) 586

Operating Leases (Tables)

Operating Leases (Tables)	6 Months Ended
	Jun. 30, 2022
Leases [Abstract]
Schedule of Operating Lease Income	The components of operating lease income are as follows: (in thousands of $) Six months ended June 30, 2022 2021 Operating lease income (1) 2,408 5,690 Variable lease income (1) (2) 827 — Total operating lease income 3,235 5,690 (1) Total operating lease income is included in the income statement line-item “Time and voyage charter revenues”. (2) “Variable lease income” is excluded from lease payments that comprise the minimum contractual future revenues from non-cancellable operating leases.

Assets and Liabilities Held f_2

Assets and Liabilities Held for Sale and Discontinued Operations (Tables)	6 Months Ended
	Jun. 30, 2022
Discontinued Operations and Disposal Groups [Abstract]
Disposal Groups, Including Discontinued Operations	The following table contains the line-items of the CoolCo Disposal discontinued operations: Six months ended June 30, (in thousands of $) 2022 2021 Time and voyage charter revenues 37,289 83,274 Vessel and other management fees 1,432 — Vessel operating expenses (8,466) (23,500) Voyage, charterhire and commission expenses (1,229) (3,215) Administrative expenses 1,757 (380) Project development expenses (62) (124) Depreciation and amortization (5,745) (21,718) Impairment of long-lived assets (1) (218,349) — Other operating income 4,374 2,770 Operating (loss)/income (188,999) 37,107 Other non-operating losses — (31) Interest income 4 4 Interest expense (4,725) (11,205) Other financial items, net (787) (171) Income taxes (385) (139) (Loss)/income from discontinued operations (194,892) 25,565 Loss on disposal of discontinued operations (2) (10,060) — Net (loss)/income from discontinued operations (204,952) 25,565 (1) Impairment of long-live assets relates to the impairment expense of vessels recognized in accordance with ASC 360 Property, plant and equipment , following their classification as held-for-sale. (2) Loss on disposal of discontinued operations comprised of carrying values of the assets and liabilities disposed of $355.4 million, partially offset by the proceeds received of $218.2 million cash consideration and $127.1 million of equity consideration which consisted of CoolCo shares. The following table contains the financial statement line-items forming the assets and liabilities classified as held for sale: (in thousands of $) December 31, 2021 ASSETS Current assets Cash and cash equivalents 33,811 Restricted cash and short-term deposits 43,311 Trade accounts receivable 767 Other current assets 1,913 Total current assets held for sale 79,802 Non-current assets Restricted cash 780 Vessels and equipment, net 1,383,656 Other non-current assets 478 Total non-current assets held for sale 1,384,914 Total assets held for sale 1,464,716 LIABILITIES Current liabilities Current portion of long-term debt and short-term debt (338,501) Trade accounts payables (7,265) Accrued expenses (59,094) Other current liabilities (11,572) Total current liabilities held for sale (416,432) Non-current liabilities Long-term debt (292,322) Other non-current liabilities (11,778) Total non-current liabilities held for sale (304,100) Total liabilities held for sale (720,532) The table below summarizes the financial performance of CoolCo on a 100% basis: Six months ended June 30, (in thousands of $) 2022 2021 Revenue 100,743 83,274 Adjusted EBITDA 67,000 58,825 Net income 40,903 25,565 The following table contains the line-items of the discontinued operation: Six months ended June 30, (in thousands of $) 2022 2021 Time and voyage charter revenues 13,575 15,734 Vessel operating expenses (2,821) (4,030) Voyage, charterhire and commission expenses (3,681) (6,067) Administrative expenses (1) (24) Depreciation and amortization (2,955) (3,546) Operating income 4,117 2,067 Interest income — 2 Interest expense (4,649) (1,241) Other financial items, net (167) (118) (Loss)/income from discontinued operations (699) 710 Gain on disposal of discontinued operations (1) 123,299 — Net income from discontinued operations 122,600 710 (1) Gain on disposal of discontinued operations comprised of (i) cash proceeds received of $350.0 million, (ii) working capital adjustment of $2.5 million, (iii) a partial offset by our investment in Golar LNG NB 13 Corporation of $229.0 million and (iv) fees incurred in relation to disposal of $0.2 million. The following table contains the financial statement line-items forming the assets and liabilities classified as held for sale: (in thousands of $) June 30, 2022 December 31, 2021 ASSETS Current assets Cash and cash equivalents 36 2,605 Trade accounts receivable 1 70 Other current assets 2,632 153 Total current assets held for sale 2,669 2,828 Non-current assets Vessels and equipment, net — 229,495 Total non-current assets held for sale — 229,495 Total assets held for sale 2,669 232,323 LIABILITIES (in thousands of $) June 30, 2022 December 31, 2021 Current liabilities Current portion of long-term debt and short-term debt — (9,911) Trade accounts payables (210) (204) Accrued expenses (1,245) (737) Other current liabilities — (2,325) Total current liabilities held for sale (1,455) (13,177) Non-current liabilities Long-term debt — (145,768) Total non-current liabilities held for sale — (145,768) Total liabilities held for sale (1,455) (158,945) The net income of equity method investments from discontinued operations for the period ended April 15, 2021 is as follows: (in thousands of $) Period ended April 15, 2021 Net income from equity method investments of Golar Partners 8,116 Net losses from equity method investments of Hygo (15,008) Loss from discontinued operations (6,892) Gain on disposal of equity method investments (1) 575,056 Net income from discontinued operations 568,164 (1) Gain on disposal of discontinued operations comprised of (i) proceeds received of $876.3 million; (ii) release of our tax indemnity guarantee liability to Golar Partners of $2.1 million; (iii) a partial offset by the carrying values of our investment in affiliates disposed of $257.2 million as of April 15, 2021; (iv) realized accumulated comprehensive losses on disposal of investment in affiliates of $43.4 million; and (v) fees incurred in relation to disposals of $2.6 million.

Variable Interest Entities ("_2

Variable Interest Entities ("VIE") (Tables)	6 Months Ended
	Jun. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Summary of Bareboat Charters	A summary of our payment obligations (excluding repurchase options and obligations) under the bareboat charter with the lessor VIE as of June 30, 2022, is shown below: (in thousands of $) 2022 (1) 2023 2024 2025 2026 2027+ Hilli (2) 56,831 110,019 105,459 100,673 96,000 113,414 (1) For the six months ending December 31, 2022. (2) The payment obligations above include variable rental payments due under the lease based on an assumed LIBOR plus margin.
Schedule of Variable Interest Entities	The assets and liabilities of the lessor VIE that most significantly impact our unaudited consolidated balance sheet as of June 30, 2022 and December 31, 2021, are as follows: (in thousands of $) June 30, 2022 December 31, 2021 Assets Restricted cash and short-term deposits 16,735 16,523 Liabilities Debt: Current portion of long-term debt and short-term debt (1) (359,572) (380,554) Long-term debt (1) (186,808) (216,313) (546,380) (596,867) (1) Where applicable, these balances are net of deferred finance charges. The most significant impact of the lessor VIE's operations on our unaudited consolidated statements of operations, and unaudited consolidated statements of cash flows are as follows: (in thousands of $) Six months ended June 30, 2022 2021 Continuing operations Statement of operations Interest expense 2,878 2,752 Statement of cash flows Net debt repayments (50,570) (49,704) Net debt receipts — 1,513 (in thousands of $) Six months ended June 30, 2022 2021 Discontinued operations Statement of operations Interest expense 3,814 10,976 Statement of cash flows Net debt repayments — (44,149) Net debt receipts — 9,850 Financing costs paid — (350) The assets and liabilities of Hilli LLC (1) that most significantly impact our unaudited consolidated balance sheet are as follows: (in thousands of $) June 30, 2022 December 31, 2021 Balance sheet Current assets 105,809 157,643 Non-current assets 1,693,094 1,280,217 Current liabilities (394,467) (444,352) Non-current liabilities (242,814) (270,371) (1) As Hilli LLC is the primary beneficiary of the Hilli Lessor VIE (see above) the Hilli LLC balances include the Hilli Lessor VIE. The most significant impact of Hilli LLC VIE's operations on our unaudited consolidated statements of income, and unaudited consolidated statements of cash flows, are as follows: (in thousands of $) Six months ended June 30, 2022 2021 Statement of operations Liquefaction services revenue 123,421 110,134 Realized and unrealized gain on oil and gas derivative instruments 447,257 84,165 Statement of cash flows Net debt repayments (50,570) (49,704) Net debt receipts — 1,513 Cash dividends paid (25,305) (16,702) The assets and liabilities of Gimi MS that most significantly impact our unaudited consolidated balance sheet are as follows: (in thousands of $) June 30, 2022 December 31, 2021 Balance sheet Current assets 235 7,107 Non-current assets 1,093,723 877,835 Current liabilities (18,340) (18,127) Non-current liabilities (515,236) (389,244) The most significant impact of Gimi MS VIE's operations on our unaudited consolidated statements of cash flows, is as follows: (in thousands of $) Six months ended June 30, 2022 2021 Statement of cash flows Additions to asset under development 175,230 168,392 Capitalized financing costs (2,080) (3,259) Net debt receipts 125,000 110,000 Proceeds from subscription of equity interest 11,270 12,812

Restricted Cash and Short-Ter_2

Restricted Cash and Short-Term Deposits (Tables)	6 Months Ended
	Jun. 30, 2022
Supplemental Cash Flow Elements [Abstract]
Restrictions on Cash and Cash Equivalents	Our restricted cash and short-term deposits balances are as follows: (in thousands of $) June 30, 2022 December 31, 2021 Restricted cash in relation to the Hilli (1) 60,817 60,720 Restricted cash and short-term deposits held by lessor VIEs (note 12) 16,735 16,523 Restricted cash in relation to the LNG Croatia (2) 11,344 11,328 Restricted cash related to Hygo performance guarantee (3) 1,502 1,500 Restricted cash relating to office lease 1,068 2 Restricted cash in relation to liability on legacy UK tax leases (4) — 16,000 Total restricted cash and short-term deposits 91,466 106,073 Less: Amounts included in current restricted cash and short-term deposits (18,238) (34,025) Long-term restricted cash 73,228 72,048 (1) In November 2015, in connection with the issuance of a $400 million letter of credit (“LC”) by a financial institution to the customer of the FLNG Hilli , we recognized an initial cash collateral of $305.0 million to support the Hilli performance guarantee. Under the provisions of the LC, the terms allow for a stepped reduction in the value of the guarantee over time and thus, a concurrent reduction in the cash collateral requirements. In May 2021, once the Hilli reached 3.6 million tonnes of LNG production, the LC was reduced to $100 million and the cash collateral to $60.8 million. (2) In connection with the O&M Agreement, we are required to maintain a performance guarantee of €9.3 million and $1.3 million, which will remain restricted throughout the 10-year term of the O&M Agreement. (3) In connection with the disposal of Hygo, we provided a $1.5 million performance guarantee to the senior lenders of Centrais Eléctricas de Sergipe S.A. (“CELSE”) to enable the lenders to waive their requirement for consent in the event of a change of control and extend the technical completion date. (4) The lessor of our six legacy UK leases had a first priority security interest in relation to the Golar Gandria and second priority interests in relation to the Golar Tundra and Golar Frost with cash collateral of $16.0 million. Upon reaching a settlement in April 2022, this was released (note 22).

Other Current Assets (Tables)

Other Current Assets (Tables)	6 Months Ended
	Jun. 30, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Schedule of Other Current Assets	(in thousands of $) June 30, 2022 December 31, 2021 Investment in listed equity securities (1) 491,754 450,225 TTF swap collateral (2) 13,520 6,940 Prepaid expenses 4,278 2,745 Gas derivative instrument (note 20) — 79,578 MTM commodity swap valuation (note 20) — 1,753 Other receivables 2,851 2,558 Other current assets 512,403 543,799 (1) “Investment in listed equity securities” relates to our 12.4 million NFE Shares (December 31, 2021: 18.6 million NFE Shares). The balance as at December 31, 2021 includes a $0.6 million dividend receivable ( June 30, 2022: $nil) which is presented in the income statement line-item “Other non-operating income/(losses)”.

Asset Under Development (Tables

Asset Under Development (Tables)	6 Months Ended
	Jun. 30, 2022
Extractive Industries [Abstract]
Schedule for Assets Under Development	(in thousands of $) June 30, 2022 December 31, 2021 Opening asset under development balance 877,838 658,247 Additions 165,847 178,377 Interest costs capitalized 23,895 41,214 Closing asset under development balance 1,067,580 877,838
Schedule of Fiscal Year Maturity	As of June 30, 2022, the estimated timing of the outstanding payments in connection with the Gimi conversion are as follows: (in thousands of $) Period ending December 31, 2022 (1) 190,704 2023 296,587 2024 122,425 609,716 (1) For the six months ending December 31, 2022

Equity Method Investments (Tabl

Equity Method Investments (Tables)	6 Months Ended
	Jun. 30, 2022
Equity Method Investments and Joint Ventures [Abstract]
Schedule of Equity Method Investments	Six months ended June 30, (in thousands of $) 2022 2021 Share of net income of CoolCo 5,390 — Share of net income of ECGS 156 4 Share of net (losses)/income of Avenir (2,537) 153 Net income from equity method investments 3,009 157 The carrying amounts of our equity method investments as of June 30, 2022 and December 31, 2021 are as follows: (in thousands of $) June 30, 2022 December 31, 2021 CoolCo (note 11) 134,862 — Avenir 45,376 47,913 ECGS 4,455 4,302 Equity method investments 184,693 52,215

Other Non-Current Assets (Table

Other Non-Current Assets (Tables)	6 Months Ended
	Jun. 30, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Components of Other Non-Current Assets	Other non-current assets comprise the following: (in thousands of $) June 30, 2022 December 31, 2021 Oil derivative instrument (note 20) 296,773 127,480 Gas derivative instrument (note 20) 268,857 — MTM interest rate swaps valuation (note 20) 32,283 — Operating lease right-of-use-assets 6,537 10,513 Other 5,713 3,672 Other non-current assets 610,163 141,665

Debt (Tables)

Debt (Tables)	6 Months Ended
	Jun. 30, 2022
Debt Disclosure [Abstract]
Schedule of components of Debt	As of June 30, 2022 and December 31, 2021, our debt was as follows: (in thousands of $) June 30, 2022 December 31, 2021 Gimi facility (535,000) (410,000) Norwegian Bonds (299,480) (299,403) Golar Arctic facility (25,531) (29,178) 2017 Convertible Bonds — (315,646) Subtotal (excluding lessor VIE debt) (860,011) (1,054,227) CSSC VIE debt - Hilli facility (1) (546,710) (597,280) Total debt (gross) (1,406,721) (1,651,507) Less: Deferred financing costs 24,444 28,207 Total debt, net of deferred financing costs (1,382,277) (1,623,300) At June 30, 2022, our debt, net of deferred financing costs, is broken down as follows: Golar debt VIE debt (1) Total debt (in thousands of $) Current portion of long-term debt and short-term debt (7,219) (359,572) (366,791) Long-term debt (828,678) (186,808) (1,015,486) Total (835,897) (546,380) (1,382,277) (1) This amount relates to the lessor VIE (for which legal ownership resides with a financial institution) that we are required to consolidate under U.S. GAAP (see note 12).

Other Current Liabilities (Tabl

Other Current Liabilities (Tables)	6 Months Ended
	Jun. 30, 2022
Other Liabilities Disclosure [Abstract]
Schedule of Other Current Liabilities	(in thousands of $) June 30, 2022 December 31, 2021 Day 1 gain deferred revenue - current portion (1) (12,783) (38,242) MTM commodity swap valuation (note 22) (12,653) (88) Deferred operating cost and revenue (4,220) (5,584) Current portion of operating lease liability (2,699) (3,076) Liability for legacy UK tax leases (note 22) — (71,739) MTM interest rate swaps valuation (note 20) — (17,300) Other payables (2,800) (454) Other current liabilities (35,155) (136,483)

Financial Instruments (Tables)

Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments	The carrying values and estimated fair values of our financial instruments at June 30, 2022 and December 31, 2021 are as follows: June 30, 2022 December 31, 2021 (in thousands of $) Fair value Carrying value Fair value Carrying value Fair value Non-Derivatives: Cash and cash equivalents (1) Level 1 528,798 528,798 232,211 232,211 Restricted cash and short-term deposits (2) Level 1 91,466 91,466 106,073 106,073 Trade accounts receivable (3) Level 1 54,380 54,380 28,912 28,912 Investment in listed equity securities (4) Level 1 491,754 491,754 449,666 449,666 Trade accounts payable (3) Level 1 (18,959) (18,959) (4,936) (4,936) Assets held for sale (note 11) Level 2 2,669 2,669 1,697,039 1,697,039 Liabilities held for sale (note 11) Level 2 (1,455) (1,455) (879,477) (879,477) Current portion of long-term debt and short-term debt (5) (6) (7) Level 2 (367,004) (367,004) (388,005) (388,005) Current portion of 2017 Convertible Bonds (6) (8) Level 2 — — (315,646) (316,561) Long-term debt (6) (7) Level 2 (740,236) (740,236) (947,855) (947,855) Long-term debt - Norwegian Bonds (6) (8) Level 1 (299,480) (281,517) — — Derivatives: Oil and gas derivative instruments (9) (10) Level 2 565,630 565,630 207,058 207,058 Interest rate swaps asset (9) (11) (12) Level 2 32,283 32,283 — — Interest rate swaps liability (9) (11) (12) Level 2 — — (17,300) (17,300) Commodity swap asset (9) (11) Level 2 — — 1,753 1,753 Commodity swap liability (9) (11) Level 2 (12,653) (12,653) (88) (88) (1) The carrying value of cash and cash equivalents, which are highly liquid, is a reasonable estimate of fair value. (2) The carrying value of restricted cash and short-term deposits is considered to be equal to the estimated fair value because of their near term maturity. (3) The carrying values of trade accounts receivable and trade accounts payable approximate fair values because of the near term maturity of these instruments. (4) “Investment in listed equity securities” refers to our NFE Shares (note 14). The fair value was calculated using the NFE closing share price as of June 30, 2022, resulting in a valuation of $491.8 million and a realized and unrealized gain of $295.0 million (June 30, 2021: Realized and unrealized loss of $86.7 million). (5) The carrying amounts of our short-term debt approximate their fair values because of the near term maturity of these instruments. (6) Our debt obligations are recorded at amortized cost in the unaudited consolidated balance sheets. The amounts presented in the above table are gross of the deferred charges amounting to $24.4 million and $28.2 million at June 30, 2022 and December 31, 2021, respectively. (7) The estimated fair values for both the floating long-term debt and short-term debt are considered to be equal to the carrying value since they bear variable interest rates, which are adjusted on a quarterly or six-monthly basis. (8) The estimated fair values of the unsecured 2017 Convertible Bonds and our $300.0 million senior unsecured bonds (the “2021 Norwegian Bonds”) are based on their quoted market prices as of the balance sheet date. In February 2022, following the listing of the 2021 Norwegian Bonds, the fair value hierarchy had been transferred from level 2 to level 1. (9) Derivative assets are generally captured within other current assets and non-current assets; oil and gas derivative liabilities are captured within other current liabilities and non-current liabilities; and interest rates and commodity swap derivative liabilities are captured within other current liabilities on the balance sheet. (10) The fair value of the oil and gas derivative instruments was determined using the estimated discounted cash flows of the additional payments due to us as a result of oil prices moving above a contractual oil price floor over the term of the LTA (Brent crude oil price linked) and the estimated discounted cash flows of the additional payments due to us until the end of the contract in 2026 as a result of gas prices moving with respect to the contractual pricing terms per the Amendment 3 to the LTA and the Euro/USD exchange rates based on the forex forward curve (TTF price linked). Significant inputs used in the valuation of the oil and gas derivative instruments include management’s estimate of an appropriate discount rate and the length of time necessary to blend the long-term and short-term oil and gas prices obtained from quoted prices in active markets. (11) The fair value of certain derivative instruments is the estimated amount that we would receive or pay to terminate the agreements at the reporting date, taking into account current interest rates, foreign exchange rates, closing quoted market prices and our creditworthiness and that of our counterparties.
Schedule of Designated Cash Flow Hedges	As of June 30, 2022, we were party to the following interest rate swap transactions involving the payment of fixed rates in exchange for LIBOR as summarized below: Instrument (in thousands of $) Notional value Maturity dates Fixed interest rates Interest rate swaps: Receiving floating, pay fixed 550,000 2024 to 2029 1.69% - 2.37% June 30, 2022 December 31, 2021 Gross amounts presented in the unaudited consolidated balance sheet Gross amounts not offset in the unaudited consolidated balance sheet subject to netting agreements Net amount Gross amounts presented in the unaudited consolidated balance sheet Gross amounts not offset in the unaudited consolidated balance sheet subject to netting agreements Net amount (in thousands of $) Commodity swaps Total derivative assets — — — 1,753 (88) 1,665 Total derivative liabilities (12,653) — (12,653) (88) 88 —
Schedule of Net Investment Hedges, Statements of Financial Performance and Financial Position, Location	The 2022 Incremental Capacity for the Hilli is linked to TTF gas prices. As of June 30, 2022, we were party to a commodity swap involving the payment of fixed prices in exchange for Dutch natural gas to manage our exposure to the TTF gas prices volatility, as summarized below: Instrument Notional quantity (MMBtu) Maturity date Fixed price/MMBtu Commodity swap derivatives: Receiving fixed, pay floating 806,502 2022 $23.25 to $27.50

Related Party Transactions (Tab

Related Party Transactions (Tables)	6 Months Ended
	Jun. 30, 2022
Related Party Transactions [Abstract]
Schedule of Related Party Transactions	Net revenues: The transactions as a result of the CoolCo Disposal for the six months ended June 30, 2022 consisted of the following: Six months ended June 30, (in thousands of $) 2022 Management and administrative services revenue (1) 1,160 Ship management fees revenue (2) 1,249 Debt guarantee compensation (3) 279 Commitment fee (4) 54 Total 2,742 (1) Management and administrative services revenue – Golar Management Limited (“Golar Management”), a wholly-owned subsidiary of Golar, and Golar Management (Bermuda) Ltd, entered into the CoolCo TSA pursuant to which we provided corporate administrative services to CoolCo. On June 30, 2022, upon completion of the CoolCo Disposal, the CoolCo TSA was replaced by the CoolCo ASA. (2) Ship management fees – We provided commercial and technical management to the LNG carriers that had been disposed under existing management agreements, however the CoolCo TSA revised the annual management fee payable to us per vessel. On June 30, 2022, upon completion of the CoolCo Disposal, the ship management agreements terminated. (3) Debt guarantee compensation – We agreed to remain as the guarantor of the payment obligations of two of the disposed subsidiaries' debt relating to two LNG carriers, Golar Ice and Golar Kelvi n, in exchange for a guarantee fee of 0.5% on the outstanding principal balances, which as of June 30, 2022 is $226.9 million. The compensation amounted to $0.3 million for the six months ended June 30, 2022. (4) Commitment fee – We advanced a two year revolving credit facility of $25.0 million to CoolCo, which remains undrawn as of June 30, 2022. The facility bears a fixed interest rate and commitment fee on the undrawn loan of 5% and 0.5% per annum, respectively. The commitment fee amounted to $0.1 million for the six months ended June 30, 2022. Receivables: The balances with CoolCo and its subsidiaries as of June 30, 2022 consisted of the following: (in thousands of $) June 30, 2022 Balance due from CoolCo and subsidiaries (5) 3,221 (5) Balances due from CoolCo and its subsidiaries - Amounts due to/from CoolCo and its subsidiaries are comprised primarily of unpaid management servic es, amounts arising from the results of CoolCo's vessels participating in the Cool Pool, Net (expenses)/revenue: The transactions with other related parties for the six months ended June 30, 2022 and 2021 consisted of the following: Six months ended June 30, (in thousands of $) 2022 2021 Avenir LNG (1) 148 234 Magni Partners (2) (9) (172) ECGS (3) — 1,482 Borr Drilling (4) — 167 2020 Bulkers (5) — 53 Total 139 1,764 Receivables: The balances with other related parties as of June 30, 2022 and December 31, 2021 consisted of the following: (in thousands of $) June 30, 2022 December 31, 2021 Avenir LNG (1) 3,374 3,225 Magni Partners (2) 81 81 Borr Drilling — 149 2020 Bulkers — 29 Total 3,455 3,484 (1) Avenir LNG Limited (“Avenir”) entered into agreements to compensate Golar in relation to the provision of certain debt guarantees relating to Avenir and its subsidiaries. This compensation amounted to $0.1 million and $0.2 million for the six months ended June 30, 2022 and 2021, respectively. In October 2021, we advanced a one year revolving shareholder loan of $5.3 million to Avenir, of which $1.8 million was drawn as of June 30, 2022. The facility bears a fixed interest rate of 5% per annum. Interest and commitment fee receivable on the undrawn portion of the loan amounted to $44.0 thousand and $35.0 thousand for the six months ended June 30, 2022, respectively. (2) Magni Partners - Tor Olav Trøim is the founder of, and partner in, Magni Partners (Bermuda) Limited (“Magni Partners”), a privately held Bermuda company, and is the ultimate beneficial owner of the company. Receivables and payables from Magni Partners comprise primarily of the cost (without mark-up) or part cost of personnel employed by Magni Partners who have provided advisory and management services to Golar. These costs do not include any payment for any services provided by Tor Olav Trøim himself. (3) We chartered the Golar Ice to Eqyptian Company for Gas Services S.A.E. (“ECGS”) during the six months ended June 30, 2021. There was no comparable transaction in the same period in 2022. (4) Borr Drilling - Tor Olav Trøim is the founder, and director of Borr Drilling Limited (“Borr Drilling”), a Bermuda company listed on the Oslo and Nasdaq stock exchanges. Receivables comprise primarily of management and administrative services provided by our Bermuda corporate office. Effective from January 2022, Borr Drilling ceased to be a related party. (5) 2020 Bulkers - Receivables comprise primarily of management and administrative services provided by our Bermuda corporate office. Effective from January 2022, 2020 Bulkers Ltd. (“2020 Bulkers”) ceased to be a related party. Net revenues: The transactions with Golar Partners and its subsidiaries for the period January 1, 2021 to April 15, 2021 consisted of the following: Period January 1, 2021 to April 15, 2021 (in thousands of $) 2021 Management and administrative services revenue 1,717 Ship management fees revenue 2,251 Interest income on short-term loan 18 Total 3,986 Net revenues: The transactions with Hygo and its affiliates for the period January 1, 2021 to April 15, 2021 consisted of the following: Period January 1, 2021 to April 15, 2021 (in thousands of $) 2021 Management and administrative services revenue 2,051 Ship management fees income 904 Debt guarantee compensation 676 Total 3,631

Other Commitments and Conting_2

Other Commitments and Contingencies (Tables)	6 Months Ended
	Jun. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Schedule of Assets Pledged	Assets pledged (in thousands of $) June 30, 2022 December 31, 2021 Book value of vessels secured against loans (1) 1,139,855 1,242,342 (1) This excludes the Gimi which is classified as “Assets under development” (see note 15) and secured against its specific debt facility (note 18).

General (Details)

General (Details) - LNG Carrier	Jun. 30, 2022 carrier vessel
LNG carrier
Property, Plant and Equipment [Line Items]
Number of carriers owned and operated | carrier	2
FLNG
Property, Plant and Equipment [Line Items]
Number of carriers owned and operated	2
FLNG under conversion
Property, Plant and Equipment [Line Items]
Number of carriers owned and operated	1
FLNG earmarked for conversion
Property, Plant and Equipment [Line Items]
Number of carriers owned and operated	1

Accounting Policies (Details)

Accounting Policies (Details) t in Millions	Jun. 30, 2022 t
Accounting Policies [Abstract]
Significant input, increase in capacity	0.2

Segment Information - Narrative

Segment Information - Narrative (Details)	6 Months Ended
	Jun. 30, 2022 undergoing_conversion segment operational_flng
Segment Reporting [Abstract]
Number of reportable segments | segment	3
Number of operational FLNG | operational_flng	1
Number of undergoing conversions | undergoing_conversion	1

Segment Information - Reconcili

Segment Information - Reconciliation (Details) - USD ($) $ in Thousands	1 Months Ended	6 Months Ended
	May 31, 2022	Jun. 30, 2022	Jun. 30, 2022	Jun. 30, 2021
Segment Reporting Information [Line Items]
Net income		$ 696,552	$ 696,552	$ 570,439
Income taxes		184		274
Income before income taxes		696,736		570,713
Depreciation and amortization		26,880		27,734
Impairment of long-lived assets		76,155		0
Unrealized gain on oil and gas derivative instruments (note 7)		(447,257)		(84,165)
Change in fair value of investment in listed equity securities		(295,048)		86,664
Other non-operating income/(losses)		(10,023)		71,431
Interest income		(954)		(57)
Interest expense		11,435		16,568
Gains on derivative instruments, net		(47,877)		(16,482)
Other financial items, net		3,607		(586)
Net income from equity method investments (note 16)		(3,009)		(157)
Net loss/(income) from discontinued operations (note 11)		82,352		(594,439)
Adjusted EBITDA		190,647		80,199
Vessels
Segment Reporting Information [Line Items]
Impairment of long-lived assets	$ 76,200
FLNG derivative
Segment Reporting Information [Line Items]
Unrealized gain on oil and gas derivative instruments (note 7)		$ (349,607)		$ (81,190)

Segment Information - Schedule

Segment Information - Schedule of segments (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Income Statement [Abstract]
Total operating revenues	$ 140,165	$ 131,105
Vessel operating expenses	(36,200)	(34,597)
Voyage, charterhire and commission expenses	(1,459)	(448)
Administrative expenses	(20,063)	(18,038)
Other operating income	14,106	0
Adjusted EBITDA	190,647	80,199
Statement of Financial Position [Abstract]
Assets	4,222,775		$ 4,948,295
Assets held for sale	2,669		1,697,039
Equity method investments	184,693		52,215
Continuing Operations
Income Statement [Abstract]
Total operating revenues	140,165	131,105
Vessel operating expenses	(36,200)	(34,597)
Voyage, charterhire and commission expenses	(1,459)	(448)
Administrative expenses	(20,063)	(18,038)
Project development expenses	(3,552)	(798)
Realized gain on oil and gas derivative instruments, net (note 7)	97,650	2,975
Other operating income	14,106
Adjusted EBITDA	190,647	80,199
Statement of Financial Position [Abstract]
Assets	4,220,106		3,251,256
Equity method investments	184,693		52,215
Operating Segments | Shipping | Continuing Operations
Income Statement [Abstract]
Total operating revenues	3,235	5,690
Vessel operating expenses	(3,819)	(3,371)
Voyage, charterhire and commission expenses	(1,109)	(107)
Administrative expenses	69	(17)
Project development expenses	0	0
Realized gain on oil and gas derivative instruments, net (note 7)	0	0
Other operating income	0
Adjusted EBITDA	(1,624)	2,195
Statement of Financial Position [Abstract]
Assets	48,497		128,901
Equity method investments	134,862		0
Operating Segments | FLNG | Continuing Operations
Income Statement [Abstract]
Total operating revenues	123,421	110,134
Vessel operating expenses	(29,153)	(26,045)
Voyage, charterhire and commission expenses	(300)	(300)
Administrative expenses	(29)	(328)
Project development expenses	(5,002)	(16)
Realized gain on oil and gas derivative instruments, net (note 7)	97,650	2,975
Other operating income	14,106
Adjusted EBITDA	200,693	86,420
Statement of Financial Position [Abstract]
Assets	2,884,246		2,314,342
Equity method investments	0		0
Operating Segments | Corporate and other | Continuing Operations
Income Statement [Abstract]
Total operating revenues	13,509	15,281
Vessel operating expenses	(3,228)	(5,181)
Voyage, charterhire and commission expenses	(50)	(41)
Administrative expenses	(20,103)	(17,693)
Project development expenses	1,450	(782)
Realized gain on oil and gas derivative instruments, net (note 7)	0	0
Other operating income	0
Adjusted EBITDA	(8,422)	$ (8,416)
Statement of Financial Position [Abstract]
Assets	1,287,363		808,013
Equity method investments	$ 49,831		$ 52,215

Revenue - Change in Contract Ba

Revenue - Change in Contract Balances (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Contract assets
Contract with customer, asset, net, beginning balance	$ 21,778
Payments received for services billed in current period	(21,769)
Services provided and billed in current period	118,883
Payments received for services billed in current period	(99,367)
Contract with customer, asset, net, ending balance	19,525
Contract liabilities
Contract with customer, liability, beginning balance	(18,736)
Amortization of deferred commissioning period revenue	2,043
Contract with customer, liability, ending balance	(16,693)
Amounts due from related parties	6,676	$ 3,484
Management and administrative services revenue | Related Parties
Contract liabilities
Amounts due from related parties	$ 300

Revenue - Liquefaction Services

Revenue - Liquefaction Services Revenue (Details) $ in Thousands, t in Millions		1 Months Ended	6 Months Ended
	May 31, 2018 USD ($)	Jul. 31, 2021 USD ($) t	Jun. 30, 2022 USD ($) $ / barrel t	Jun. 30, 2021 USD ($)	Dec. 31, 2017 USD ($)
Disaggregation of Revenue [Line Items]
Total operating revenues			$ 140,165	$ 131,105
Oil price per barrel (in usd per barrel) | $ / barrel			60
Upfront payment	$ 33,800
Hilli LLC
Disaggregation of Revenue [Line Items]
Expected increase of capacity per annum | t		0.2
Hilli LLC | Incremental Capacity
Disaggregation of Revenue [Line Items]
Expected capacity per annum | t			1.4
FLNG
Disaggregation of Revenue [Line Items]
Derivative asset					$ 79,600
Derivative liability		$ 28,300
Base tolling fee
Disaggregation of Revenue [Line Items]
Total operating revenues			$ 102,251	102,250
Liquefaction services revenue
Disaggregation of Revenue [Line Items]
Total operating revenues			123,421	110,134
Amortization of deferred commissioning period revenue billing			2,043	2,043
Amortization of Day 1 gain			16,286	4,816
Overproduction revenue			620	1,304
Revenue from Contract with Customer			2,500	0
Other			$ (279)	$ (279)

Earnings_(Loss) Per Share (Deta

Earnings/(Loss) Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Components of the numerator for the calculation of basic and diluted EPS
Net income/(loss) net of non-controlling interests - continuing operations - basic	$ 665,772	$ (78,999)
Net income/(loss) net of non-controlling interests - continuing operations - diluted	665,772	(78,999)
Net (loss)/income net of non-controlling interest - discontinued operations - basic	(90,558)	575,796
Net (loss)/income net of non-controlling interest - discontinued operations - diluted	$ (90,558)	$ 575,796
Weighted average number of shares outstanding
Weighted average number of common shares outstanding, basic (in shares)	108,125	110,093
Dilutive impact of share options and RSUs (in shares)	407	197
Weighted average number of common shares outstanding, diluted (in shares)	108,532	110,290
Basic EPS from continuing operations (in USD per share)	$ 6.16	$ (0.72)
Dilutive earnings/(loss) per share from continuing operations (in USD per share)	6.13	(0.72)
Basic (loss)/earnings per share from discontinued operations (in USD per share)	(0.84)	5.23
Dilutive (loss)/earnings per share from discontinued operations (in USD per share)	$ (0.84)	$ 5.23

Realized and Unrealized Gain _3

Realized and Unrealized Gain on Oil and Gas Derivative Instruments (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Derivative Instruments, Gain (Loss) [Line Items]
Realized gain on oil and gas derivative instruments, net	$ 97,650	$ 2,975
Unrealized gain on oil and gas derivative instruments, net	349,607	81,190
Realized and unrealized gain on oil and gas derivative instruments	447,257	84,165
Gas
Derivative Instruments, Gain (Loss) [Line Items]
Realized gain on derivatives	55,682	0
Unrealized MTM adjustment for interest rate swaps	194,632	0
Oil
Derivative Instruments, Gain (Loss) [Line Items]
Realized gain on derivatives	50,102	2,975
Unrealized MTM adjustment for interest rate swaps	169,293	81,190
Commodity Swap
Derivative Instruments, Gain (Loss) [Line Items]
Realized mark-to-market (“MTM”) loss on commodity swap derivatives	(8,134)	0
Unrealized MTM adjustment for commodity swap derivatives	(14,318)	0
FLNG derivative
Derivative Instruments, Gain (Loss) [Line Items]
Realized and unrealized gain on oil and gas derivative instruments	$ 349,607	$ 81,190

Other Non-Operating Income (Det

Other Non-Operating Income (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Other Income and Expenses [Abstract]
Realized and unrealized MTM gain/(loss) on our investment in listed equity securities (note 20)	$ 295,048	$ (86,664)
UK tax lease contingent liability (note 22)	6,918	(73,294)
Dividend income from our investment in listed equity securities	3,105	1,863
Total other non-operating income/(losses)	$ 305,071	$ (158,095)

Gains on Derivative Instrumen_3

Gains on Derivative Instruments and Other Financial Items, Net -Gains (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Derivative Instruments, Gain (Loss) [Line Items]
Foreign exchange gain on terminated undesignated foreign exchange swaps	$ 1,145	$ (496)
Gains on derivative instruments, net	47,877	16,482
Interest Rate Swap
Derivative Instruments, Gain (Loss) [Line Items]
Unrealized MTM adjustment for interest rate swaps	49,582	16,804
Interest expense on undesignated interest rate swaps	(1,705)	(562)
Foreign Exchange Swaps
Derivative Instruments, Gain (Loss) [Line Items]
Foreign exchange gain on terminated undesignated foreign exchange swaps	$ 0	$ 240

Gains on Derivative Instrumen_4

Gains on Derivative Instruments and Other Financial Items, Net-Financial Items (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Financing arrangement fees and other costs	$ (5,964)	$ (94)
Amortization of debt guarantee	1,341	1,326
Foreign exchange gain on terminated undesignated foreign exchange swaps	1,145	(496)
Others	(129)	(150)
Other financial items, net	$ (3,607)	$ 586

Operating Leases - Operating Le

Operating Leases - Operating Lease Income (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Leases [Abstract]
Operating lease income	$ 2,408	$ 5,690
Variable lease income	827	0
Total operating lease income	$ 3,235	$ 5,690

Assets and Liabilities Held f_3

Assets and Liabilities Held for Sale and Discontinued Operations - Narrative (Details) $ in Thousands

1 Months Ended

4 Months Ended

6 Months Ended

May 31, 2022 USD ($)

Apr. 05, 2022 carrier

Jan. 27, 2022 USD ($) shares

Jan. 26, 2022 USD ($) subsidiary

Apr. 15, 2021 USD ($) shares

Apr. 05, 2022 subsidiary

Apr. 15, 2021 USD ($)

Jun. 30, 2022 USD ($) subsidiary

Jun. 30, 2021 USD ($)

Feb. 17, 2022 USD ($)

Jan. 31, 2022 USD ($)

Jan. 25, 2022

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Term of administrative services agreement

1 year

Operating expenses

$ 164,309

$ 81,615

Golar Kelvin [Member]

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Guarantee fee, percent on outstanding principal balanaces

0.50%

Golar Kelvin [Member]

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Subsidiary disposal, phased completion dates corresponding with date respective subsidiary debt was assumed by CoolCo | subsidiary

2

The Vessel SPA

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Vessel price

$ 145,000

Lease obligations | Golar Kelvin [Member]

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Guaranty liabilities

226,900

Loan To Related Party | CoolCo

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Notes receivable, related party

$ 25,000

$ 25,000

Notes receivable, related party, term

24 months

The Cool Pool Limited | Net (loss)/income from discontinued operations

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Operating expenses

$ 2,000

CoolCo

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Equity method investment, ownership percentage

31.30%

31.30%

31.30%

Ownership interest in subsidiary

100%

CoolCo

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Proceeds for shares issued

$ 275,000

Debt instrument, face amount

$ 570,000

CoolCo | EPS

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Proceeds for shares issued

$ 150,000

Number of shares issued (in shares) | shares

15,000,000

CoolCo | Norwegian Markets

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Proceeds for shares issued

$ 125,000

EPS | CoolCo

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Equity method investment, ownership percentage

37.50%

37.50%

40%

Public | CoolCo

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Equity method investment, ownership percentage

31.30%

31.30%

28.70%

CoolCo

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Number of subsidiaries sold | subsidiary

13

Guarantee fee, percent on outstanding principal balanaces

0.50%

Number of carriers continued to provide commercial and technical management to CoolCo for | carrier

8

Gain on disposal

$ (10,060)

0

Net loss from discontinued operations

194,892

(25,565)

Cash sale proceeds

218,200

Discontinued operation, consideration, value of shares received

127,100

CoolCo | Lease obligations

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Guaranty liabilities

226,900

CoolCo | Ship management and administrative service fees | Discontinued Operations, Disposed of by Sale

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Continuing cash flows after disposal

2,400

CoolCo | Debt guarantee fees | Discontinued Operations, Disposed of by Sale

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Continuing cash flows after disposal

300

CoolCo | Commitment fees | Discontinued Operations, Disposed of by Sale

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Continuing cash flows after disposal

100

CoolCo | Pool expense

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Continuing cash flows after disposal

2,000

Golar LNG NB 13 Corporation

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Percentage disposed

100%

Consideration received

$ 352,500

Working capital adjustment

$ 2,500

Period of continuing involvement

160 days

Gain on disposal

123,299

0

Net loss from discontinued operations

699

$ (710)

Cash sale proceeds

$ 350,000

Golar LNG NB 13 Corporation | Pool income

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Continuing cash flows after disposal

100

Golar LNG NB 13 Corporation | Bareboat Expense

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Bareboat expenses accrued

800

Golar Partners and Hygo

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Consideration received

$ 876,300

$ 876,300

Gain on disposal

575,056

Net loss from discontinued operations

6,892

Golar Partners and Hygo | Ship management and administrative service fees

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Continuing cash flows after disposal

7,000

Golar Partners and Hygo | Charter and debt guarantee fees

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Continuing cash flows after disposal

1,000

Golar LNG Partners

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Net loss from discontinued operations

(8,116)

Cash sale proceeds

80,800

Golar LNG Partners | Hilli LLC

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Cash dividends paid

14,900

Cost indemnification

2,100

Hygo Energy Transition Ltd

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Net loss from discontinued operations

$ 15,008

Cash sale proceeds

$ 50,000

Discontinued operation, consideration, shares received (in shares) | shares

18,600,000

Discontinued operation, consideration, value of shares received

$ 745,400

Hygo Energy Transition Ltd | Long-term debt obligations

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Guaranty liabilities

372,200

Hygo Energy Transition Ltd | Pool income

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Continuing cash flows after disposal

$ 500

The Vessel SPA

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Number of subsidiaries sold | subsidiary

9

Number of TFDE vessels disposed | subsidiary

8

Subsidiary disposal, phased completion dates corresponding with date respective subsidiary debt was refinanced | subsidiary

6

ICBCL VIE loans | Golar Kelvin [Member]

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Number of disposed subsidiaries agreed to remain as guarantor of payment obligations | subsidiary

2

Assets and Liabilities Held f_4

Assets and Liabilities Held for Sale and Discontinued Operations - Results of Operations (Details) - USD ($) $ in Thousands		6 Months Ended
	May 31, 2022	Jun. 30, 2022	Jun. 30, 2021
CoolCo
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Vessel operating expenses		$ (8,466)	$ (23,500)
Voyage, charterhire and commission expenses		(1,229)	(3,215)
Administrative income/(expenses)		1,757	(380)
Project development expenses		(62)	(124)
Depreciation and amortization		(5,745)	(21,718)
Impairment of long-lived assets		(218,349)	0
Other operating income		4,374	2,770
Operating income		(188,999)	37,107
Other non-operating losses		0	(31)
Interest income		4	4
Interest expense		(4,725)	(11,205)
Other financial items, net		(787)	(171)
Income taxes		(385)	(139)
(Loss)/income from discontinued operations		(194,892)	25,565
Gain on disposal of discontinued operations		(10,060)	0
Net income from discontinued operations		(204,952)	25,565
Assets and liabilities disposed		355,400
Cash sale proceeds		218,200
Discontinued operation, consideration, value of shares received		127,100
CoolCo | Time and voyage charter revenues
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Revenue		37,289	83,274
CoolCo | Vessel and other management fees
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Revenue		1,432	0
Golar LNG NB 13 Corporation
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Vessel operating expenses		(2,821)	(4,030)
Voyage, charterhire and commission expenses		(3,681)	(6,067)
Administrative expenses		(1)	(24)
Depreciation and amortization		(2,955)	(3,546)
Operating income		4,117	2,067
Interest income		0	2
Interest expense		(4,649)	(1,241)
Other financial items, net		(167)	(118)
(Loss)/income from discontinued operations		(699)	710
Gain on disposal of discontinued operations		123,299	0
Net income from discontinued operations		122,600	710
Cash sale proceeds	$ 350,000
Working capital adjustment	2,500
Net investment value	229,000
Fees incurred in relation to disposal	$ 200
Golar LNG NB 13 Corporation | Time and voyage charter revenues
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Revenue		$ 13,575	$ 15,734

Assets and Liabilities Held f_5

Assets and Liabilities Held for Sale and Discontinued Operations - Balance Sheets (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Current assets
Total current assets held for sale	$ 2,669	$ 82,630
Non-current assets
Total non-current assets held for sale	0	1,614,409
Total assets held for sale	2,669	1,697,039
Current liabilities
Total current liabilities held for sale	(1,455)	(429,609)
Non-current liabilities
Total non-current liabilities held for sale	0	(449,868)
CoolCo
Current assets
Cash and cash equivalents		33,811
Restricted cash and short-term deposits		43,311
Trade accounts receivable		767
Other current assets		1,913
Total current assets held for sale		79,802
Non-current assets
Restricted cash		780
Vessels and equipment, net		1,383,656
Other non-current assets		478
Total non-current assets held for sale		1,384,914
Total assets held for sale		1,464,716
Current liabilities
Current portion of long-term debt and short-term debt		(338,501)
Trade accounts payables		(7,265)
Accrued expenses		(59,094)
Other current liabilities		(11,572)
Total current liabilities held for sale		(416,432)
Non-current liabilities
Long-term debt		(292,322)
Other non-current liabilities		(11,778)
Total non-current liabilities held for sale		(304,100)
Total liabilities held for sale		(720,532)
Golar LNG NB 13 Corporation
Current assets
Cash and cash equivalents	36	2,605
Trade accounts receivable	1	70
Other current assets	2,632	153
Total current assets held for sale	2,669	2,828
Non-current assets
Vessels and equipment, net	0	229,495
Total non-current assets held for sale	0	229,495
Total assets held for sale	2,669	232,323
Current liabilities
Current portion of long-term debt and short-term debt	0	(9,911)
Trade accounts payables	(210)	(204)
Accrued expenses	(1,245)	(737)
Other current liabilities	0	(2,325)
Total current liabilities held for sale	(1,455)	(13,177)
Non-current liabilities
Long-term debt	0	(145,768)
Total non-current liabilities held for sale	0	(145,768)
Total liabilities held for sale	$ (1,455)	$ (158,945)

Assets and Liabilities Held f_6

Assets and Liabilities Held for Sale and Discontinued Operations - Results of Disposed Entity (Details) - CoolCo - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Revenue	$ 100,743	$ 83,274
Adjusted EBITDA	67,000	58,825
Net income	$ 40,903	$ 25,565

Assets and Liabilities Held f_7

Assets and Liabilities Held for Sale and Discontinued Operations - Net Income/(Loss) of Equity Method Investments (Details) - USD ($) $ in Thousands	4 Months Ended	6 Months Ended
	Apr. 15, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net (loss)/income from discontinued operations		$ (82,352)	$ 594,439
Equity method investments		184,693		$ 52,215
Realized accumulated comprehensive losses on disposal of investment in affiliate		$ 0	$ (43,380)
Golar Partners and Hygo
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net loss from discontinued operations	$ (6,892)
Gain on disposal	575,056
Net (loss)/income from discontinued operations	568,164
Golar Partners and Hygo | Discontinued Operations, Disposed of by Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Equity method investments	257,200
Discontinued operation, transaction cost	2,600
Golar LNG Partners
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net loss from discontinued operations	8,116
Golar LNG Partners | Discontinued Operations, Disposed of by Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Fees incurred in relation to the release of tax indemnity guarantee liability	2,100
Hygo Energy Transition Ltd
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net loss from discontinued operations	(15,008)
Hygo Energy Transition Ltd | Discontinued Operations, Disposed of by Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Realized accumulated comprehensive losses on disposal of investment in affiliate	$ 43,400

Variable Interest Entities ("_3

Variable Interest Entities ("VIE") - Narrative (Details) - vessel		6 Months Ended
	Jan. 26, 2022	Jun. 30, 2022	Dec. 31, 2021	Apr. 16, 2019
Vessels disposal group
Variable Interest Entity [Line Items]
Number of vessels in sale and leaseback transactions that were sold	7
Variable Interest Entity, Primary Beneficiary
Variable Interest Entity [Line Items]
Number of vessels in sale and leaseback transaction		1	8
Sale and leaseback term		10 years
FLNG | Gimi MS
Variable Interest Entity [Line Items]
Ownership percentage				30%

Variable Interest Entities ("_4

Variable Interest Entities ("VIE") - Summary of Bareboat Charters (Details) - Hilli LLC - Variable Interest Entity, Primary Beneficiary - CSSC $ in Thousands	Jun. 30, 2022 USD ($)
Variable Interest Entity [Line Items]
2022	$ 56,831
2023	110,019
2024	105,459
2025	100,673
2026	96,000
2027+	$ 113,414

Variable Interest Entities ("_5

Variable Interest Entities ("VIE") - Schedule of Variable Interest Entities (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Variable Interest Entity [Line Items]
Restricted cash and short-term deposits	$ 91,466		$ 106,073
Current portion of long-term debt and short-term debt	(366,791)		(703,170)
Long-term interest-bearing debt - non-current portion	(1,015,486)		(920,130)
Total liabilities	(1,556,002)		(2,770,378)
Interest expense	11,435	$ 16,568
Current assets	1,125,394		925,597
Current liabilities	(448,329)		(1,307,221)
Total operating revenues	140,165	131,105
Realized and unrealized gain on oil and gas derivative instruments	447,257	84,165
Continuing Operations
Variable Interest Entity [Line Items]
Net debt repayments	(502,549)	(53,351)
Net debt receipts	256,000	111,513
Financing costs paid	(7,127)	(3,426)
Total operating revenues	140,165	131,105
Proceeds from subscription of equity interest in Gimi MS	11,270	12,812
Discontinued Operations
Variable Interest Entity [Line Items]
Net debt repayments	(158,000)	(49,620)
Net debt receipts	0	9,850
Financing costs paid	(280)	(350)
Variable Interest Entity, Primary Beneficiary
Variable Interest Entity [Line Items]
Restricted cash and short-term deposits	16,735		16,523
Current portion of long-term debt and short-term debt	(359,572)		(380,554)
Long-term interest-bearing debt - non-current portion	(186,808)		(216,313)
Total liabilities	(546,380)		(596,867)
Variable Interest Entity, Primary Beneficiary | Continuing Operations
Variable Interest Entity [Line Items]
Interest expense	2,878	2,752
Net debt repayments	(50,570)	(49,704)
Net debt receipts	0	1,513
Variable Interest Entity, Primary Beneficiary | Discontinued Operations
Variable Interest Entity [Line Items]
Interest expense	3,814	10,976
Net debt repayments	0	(44,149)
Net debt receipts	0	9,850
Financing costs paid	0	(350)
Hilli LLC | Variable Interest Entity, Primary Beneficiary
Variable Interest Entity [Line Items]
Net debt repayments	(50,570)	(49,704)
Net debt receipts	0	1,513
Current assets	105,809		157,643
Non-current assets	1,693,094		1,280,217
Current liabilities	(394,467)		(444,352)
Non-current liabilities	(242,814)		(270,371)
Realized and unrealized gain on oil and gas derivative instruments	447,257	84,165
Cash dividends paid	(25,305)	(16,702)
Golar Gimi | Variable Interest Entity, Primary Beneficiary
Variable Interest Entity [Line Items]
Net debt receipts	125,000	110,000
Financing costs paid	(2,080)	(3,259)
Current assets	235		7,107
Non-current assets	1,093,723		877,835
Current liabilities	(18,340)		(18,127)
Non-current liabilities	(515,236)		$ (389,244)
Additions to asset under development	175,230	168,392
Proceeds from subscription of equity interest in Gimi MS	11,270	12,812
Liquefaction services revenue
Variable Interest Entity [Line Items]
Total operating revenues	123,421	110,134
Liquefaction services revenue | Hilli LLC | Variable Interest Entity, Primary Beneficiary
Variable Interest Entity [Line Items]
Total operating revenues	$ 123,421	$ 110,134

Restricted Cash and Short-Ter_3

Restricted Cash and Short-Term Deposits (Details) $ in Thousands, t in Millions	1 Months Ended		6 Months Ended
	Apr. 30, 2022 USD ($) lease	May 31, 2021 USD ($) t	Jun. 30, 2022 USD ($)	Dec. 31, 2021 USD ($)	Nov. 30, 2015 USD ($)
Restricted Cash and Cash Equivalents Items [Line Items]
Restricted cash and short-term deposits			$ 91,466	$ 106,073
Less: Amounts included in current restricted cash and short-term deposits			(18,238)	(34,025)
Long-term restricted cash			73,228	72,048
Number of UK Leases | lease	6
Financial Guarantee | Discontinued Operations, Disposed of by Sale | Hygo Energy Transition Ltd
Restricted Cash and Cash Equivalents Items [Line Items]
Restricted cash and short-term deposits			1,502	1,500
Financial Guarantee | LNG Croatia
Restricted Cash and Cash Equivalents Items [Line Items]
Restricted cash and short-term deposits			11,344	11,328
Financial Guarantee | LNG Croatia | Euro Member Countries, Euro
Restricted Cash and Cash Equivalents Items [Line Items]
Restricted cash and short-term deposits			9,300
Financial Guarantee | LNG Croatia | United States of America, Dollars
Restricted Cash and Cash Equivalents Items [Line Items]
Restricted cash and short-term deposits			$ 1,300
Facility Term Agreement			10 years
Variable Interest Entity, Primary Beneficiary
Restricted Cash and Cash Equivalents Items [Line Items]
Restricted cash and short-term deposits			$ 16,735	16,523
Lease Agreements
Restricted Cash and Cash Equivalents Items [Line Items]
Restricted cash and short-term deposits			1,068	2
UK Tax Lease
Restricted Cash and Cash Equivalents Items [Line Items]
Restricted cash and short-term deposits	$ 16,000		0	16,000
GoFLNG Hilli facility
Restricted Cash and Cash Equivalents Items [Line Items]
Credit facility available to project partner					$ 400,000
LNG production | t		3.6
Maximum borrowing capacity		$ 100,000
GoFLNG Hilli facility | Financial Guarantee
Restricted Cash and Cash Equivalents Items [Line Items]
Restricted cash and short-term deposits			$ 60,817	$ 60,720	$ 305,000

Other Current Assets - Schedule

Other Current Assets - Schedule of Other Current Assets (Details) - USD ($) $ in Thousands, shares in Millions	Jun. 30, 2022	Dec. 31, 2021
Other Current Assets [Line Items]
Equity securities, current, fair value	$ 491,754	$ 450,225
Prepaid expenses	4,278	2,745
Other receivables	2,851	2,558
Other current assets	512,403	543,799
Dividends receivable	0	600
Embedded Derivative Financial Instruments, Gas Derivative
Other Current Assets [Line Items]
Collateralized Financings	13,520	6,940
FLNG derivative
Other Current Assets [Line Items]
Derivative Asset, Current	0	79,578
FLNG derivative | Level 2 | Carrying value
Other Current Assets [Line Items]
Derivative asset	565,630	207,058
Commodity Contract | Level 2 | Carrying value
Other Current Assets [Line Items]
Derivative asset	$ 0	$ 1,753
New Fortress Energy (NFE)
Other Current Assets [Line Items]
Equity instrument (in shares)	12.4	18.6
New Fortress Energy (NFE) | Level 2 | Carrying value
Other Current Assets [Line Items]
Equity securities, current, fair value	$ 491,800

Asset Under Development - Sched

Asset Under Development - Schedule Of Assets (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Extractive Industries Rollforward [Abstract]
Opening asset under development balance	$ 877,838	$ 658,247
Additions	165,847	178,377
Interest costs capitalized	23,895	41,214
Closing asset under development balance	$ 1,067,580	$ 877,838

Asset Under Development - Narra

Asset Under Development - Narrative (Details) - USD ($)	1 Months Ended
	Oct. 31, 2020	Apr. 30, 2019	Feb. 28, 2019	Jun. 30, 2022
Capitalized Costs Relating to Oil and Gas Producing Activities, by Geographic Area [Line Items]
Contractual obligation				$ 609,716,000
Gimi $700 million facility
Capitalized Costs Relating to Oil and Gas Producing Activities, by Geographic Area [Line Items]
Debt instrument, face amount		$ 1,700,000,000
Gimi Conversion
Capitalized Costs Relating to Oil and Gas Producing Activities, by Geographic Area [Line Items]
Term of charter			20 years
Project extension	11 months
Incentive payment agreed upon				$ 50,000,000
Gimi Conversion | Gimi $700 million facility
Capitalized Costs Relating to Oil and Gas Producing Activities, by Geographic Area [Line Items]
Debt instrument, face amount		$ 700,000,000
Gimi Conversion | Keppel Capital
Capitalized Costs Relating to Oil and Gas Producing Activities, by Geographic Area [Line Items]
Long-term purchase commitment, percentage		30%

Asset Under Development - Commi

Asset Under Development - Commitments (Details) $ in Thousands	Jun. 30, 2022 USD ($)
Extractive Industries [Abstract]
2022	$ 190,704
2023	296,587
2024	122,425
Contractual obligation	$ 609,716

Equity Method Investments (Deta

Equity Method Investments (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Schedule of Equity Method Investments [Line Items]
Net (income)/loss from equity method investments	$ 3,009	$ 157
Equity method investments	184,693		$ 52,215
CoolCo
Schedule of Equity Method Investments [Line Items]
Net (income)/loss from equity method investments	(5,390)	0
Equity method investments	134,862		0
ECGS
Schedule of Equity Method Investments [Line Items]
Net (income)/loss from equity method investments	(156)	(4)
Equity method investments	4,455		4,302
Avenir LNG
Schedule of Equity Method Investments [Line Items]
Net (income)/loss from equity method investments	2,537	$ (153)
Equity method investments	$ 45,376		$ 47,913

Other Non-Current Assets (Detai

Other Non-Current Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Components of Other Non-Current Assets:
Operating lease right-of-use-assets	$ 6,537	$ 10,513
Other	5,713	3,672
Total other non-current assets	610,163	141,665
Oil
Components of Other Non-Current Assets:
Derivative instrument	296,773	127,480
Gas
Components of Other Non-Current Assets:
Derivative instrument	268,857	0
Interest Rate Swap
Components of Other Non-Current Assets:
Derivative instrument	$ 32,283	$ 0

Debt - Schedule of components o

Debt - Schedule of components of Debt (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Total debt (gross)	$ (1,406,721)	$ (1,651,507)
Subtotal (excluding lessor VIE debt)	(860,011)	(1,054,227)
Deferred finance charges	24,444	28,207
Total debt, net of deferred financing costs	(1,382,277)	(1,623,300)
Current portion of long-term debt and short-term debt	(366,791)
Long-term interest-bearing debt - non-current portion	(1,015,486)	(920,130)
Total	(1,382,277)
Variable Interest Entity, Primary Beneficiary
Debt Instrument [Line Items]
Current portion of long-term debt and short-term debt	(359,572)
Long-term interest-bearing debt - non-current portion	(186,808)	(216,313)
Total	(546,380)
Golar
Debt Instrument [Line Items]
Current portion of long-term debt and short-term debt	(7,219)
Long-term interest-bearing debt - non-current portion	(828,678)
Total	(835,897)
Revolving Credit Facility | Gimi facility
Debt Instrument [Line Items]
Total debt (gross)	(535,000)	(410,000)
Long-term Debt | Norwegian Bonds
Debt Instrument [Line Items]
Total debt (gross)	(299,480)	(299,403)
Secured Debt | Golar Arctic facility
Debt Instrument [Line Items]
Total debt (gross)	(25,531)	(29,178)
Secured Debt | CSSC VIE debt
Debt Instrument [Line Items]
Total debt (gross)	(546,710)	(597,280)
Convertible Debt | 2017 Convertible Bonds
Debt Instrument [Line Items]
Total debt (gross)	$ 0	$ (315,646)

Debt - Narrative (Details)

Debt - Narrative (Details) $ in Millions	1 Months Ended
	Feb. 28, 2022 USD ($)	Dec. 31, 2021 USD ($)	Nov. 30, 2021 USD ($)	Feb. 28, 2017 USD ($)
2017 Convertible Bonds | Convertible Debt
Debt Instrument [Line Items]
Debt instrument, face amount				$ 402.5
Debt instrument, interest rate (in percentage)				2.75%
Conversion ratio				0.0265308
Debt partially redeemed	$ 321.7
Golar Tundra facility | Secured Debt
Debt Instrument [Line Items]
Debt instrument, face amount		$ 182
Debt instrument, term		5 years
Golar Tundra facility | Secured Debt | LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate		3%
Corporate RCF | Revolving Credit Facility
Debt Instrument [Line Items]
Debt instrument, face amount			$ 200
Debt instrument, term			3 years
Proceeds from lines of credit	$ 131
Corporate RCF | Revolving Credit Facility | LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate			2.80%

Other Current Liabilities - Sch

Other Current Liabilities - Schedule of Other Current Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Other Current Liabilities [Line Items]
Day 1 gain deferred revenue - current portion	$ (12,783)	$ (38,242)
Deferred operating cost and revenue	(4,220)	(5,584)
Current portion of operating lease liability	(2,699)	(3,076)
Liability for legacy UK tax leases (note 22)	0	(71,739)
Other	(2,800)	(454)
Other current liabilities	(35,155)	(136,483)
Other non-current liabilities	92,187	93,159
Interest Rate Swap
Other Current Liabilities [Line Items]
Interest rate swaps valuation	0	(17,300)
Oil
Other Current Liabilities [Line Items]
Day 1 gain deferred revenue - current portion	(10,000)
Gas
Other Current Liabilities [Line Items]
Day 1 gain deferred revenue - current portion	(2,800)
Contract with Customer, Liability, Noncurrent	8,600
Commodity Swap
Other Current Liabilities [Line Items]
Interest rate swaps valuation	$ (12,653)	$ (88)

Financial Instruments - Carryin

Financial Instruments - Carrying Values and Estimated Fair Values (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021	Dec. 31, 2020
Non-Derivatives:
Cash and cash equivalents	$ 528,798	$ 174,438	$ 232,211	$ 86,564
Trade accounts receivable	54,380		28,912
Investment in listed equity securities	491,754		450,225
Current portion of long-term debt and short-term debt	(366,791)		(703,170)
Long-term interest-bearing debt - non-current portion	(1,015,486)		(920,130)
Long-term debt	(1,382,277)
Derivatives:
Realized and unrealized gains/(losses) on our investment in listed equity securities	295,048	(86,664)
Deferred finance charges	24,444		28,207
Unsecured Debt | Norwegian Bonds
Derivatives:
Debt instrument, face amount	300,000
Carrying value | Level 1
Non-Derivatives:
Cash and cash equivalents	528,798		232,211
Restricted cash and short-term deposits	91,466		106,073
Trade accounts receivable	54,380		28,912
Investment in listed equity securities	491,754		449,666
Trade accounts payable	(18,959)		(4,936)
Carrying value | Level 2
Non-Derivatives:
Assets held for sale (note 11)	2,669		1,697,039
Liabilities held for sale (note 11)	(1,455)		(879,477)
Current portion of long-term debt and short-term debt	(367,004)		(388,005)
Current portion of convertible bonds	0		(315,646)
Long-term interest-bearing debt - non-current portion	(740,236)		(947,855)
Carrying value | Level 2 | Norwegian Bonds
Non-Derivatives:
Long-term debt	(299,480)		0
Carrying value | Level 2 | New Fortress Energy (NFE)
Non-Derivatives:
Investment in listed equity securities	491,800
Derivatives:
Realized and unrealized gains/(losses) on our investment in listed equity securities	295,000	$ (86,700)
Carrying value | Level 2 | FLNG derivative
Derivatives:
Derivative asset	565,630		207,058
Carrying value | Level 2 | Interest Rate Swap
Derivatives:
Derivative asset	32,283		0
Derivative liability	0		(17,300)
Carrying value | Level 2 | Commodity Contract
Derivatives:
Derivative asset	0		1,753
Derivative liability	(12,653)		(88)
Fair value | Level 1
Non-Derivatives:
Cash and cash equivalents, fair value	528,798		232,211
Restricted cash and short-term deposits, fair value	91,466		106,073
Trade accounts receivable	54,380		28,912
Investment in listed equity securities	491,754		449,666
Trade accounts payable	(18,959)		(4,936)
Fair value | Level 2
Non-Derivatives:
Assets held for sale (note 11)	2,669		1,697,039
Liabilities held for sale (note 11)	(1,455)		(879,477)
Current portion of long-term debt and short-term debt, fair value	(367,004)		(388,005)
Current portion of convertible bonds, fair value	0		(316,561)
Long-term debt, fair value	(740,236)		(947,855)
Fair value | Level 2 | Norwegian Bonds
Non-Derivatives:
Long-term debt	(281,517)		0
Fair value | Level 2 | FLNG derivative
Derivatives:
Derivative asset	565,630		207,058
Fair value | Level 2 | Interest Rate Swap
Derivatives:
Derivative asset	32,283		0
Derivative liability	0		(17,300)
Fair value | Level 2 | Commodity Contract
Derivatives:
Derivative asset	0		1,753
Derivative liability	$ (12,653)		$ (88)

Financial Instruments - Interes

Financial Instruments - Interest Rate Swaps (Details) $ in Thousands	Jun. 30, 2022 USD ($) MMBTU $ / MMBTU	Dec. 31, 2021 USD ($)
Minimum
Derivative [Line Items]
Price | $ / MMBTU	23.25
Maximum
Derivative [Line Items]
Price | $ / MMBTU	27.50
Interest Rate Swap | Cash Flow Hedging | Designated as Hedging Instrument
Derivative [Line Items]
Notional value	$ 550,000
Interest Rate Swap | Cash Flow Hedging | Minimum | Designated as Hedging Instrument | LIBOR
Derivative [Line Items]
Fixed interest rates	1.69%
Interest Rate Swap | Cash Flow Hedging | Maximum | Designated as Hedging Instrument | LIBOR
Derivative [Line Items]
Fixed interest rates	2.37%
Commodity Swap
Derivative [Line Items]
Notional quantity | MMBTU	806,502
Commodity Contract
Derivative [Line Items]
Asset derivatives, Gross amounts presented in consolidated balance sheet	$ 0	$ 1,753
Asset derivatives, Gross amounts not offset in consolidated balance sheet subject to netting agreements	0	(88)
Asset derivatives, Net amount	0	1,665
Liability derivatives, Gross amounts presented in consolidated balance sheet	(12,653)	(88)
Liability derivatives, Gross amounts not offset in consolidated balance sheet subject to netting agreements	0	88
Liability derivatives, Net amount	$ (12,653)	$ 0

Financial Instruments - Narrati

Financial Instruments - Narrative (Details)	Dec. 31, 2017 $ / barrel
Oil
Derivative [Line Items]
Derivative floor price (in usd per barrel)	60

Related Party Transactions - Na

Related Party Transactions - Narrative (Details) - USD ($) $ in Thousands	4 Months Ended	6 Months Ended
	Apr. 15, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Related Party Transaction [Line Items]
Equity method investments		$ 184,693		$ 52,215
Operating expenses		164,309	$ 81,615
The Cool Pool Limited | Net (loss)/income from discontinued operations
Related Party Transaction [Line Items]
Operating expenses		$ 2,000
The Cool Pool Limited | Voyage Charter Hire And Commission Expenses
Related Party Transaction [Line Items]
Operating expenses	$ 2,900
Golar LNG Partners
Related Party Transaction [Line Items]
Distributions received	500
Expenses	0
Golar LNG Partners | Hilli LLC
Related Party Transaction [Line Items]
Cash dividends paid	$ 7,800

Related Party Transactions - Tr

Related Party Transactions - Transactions and balances with Cool Company Ltd and Subsidiaries (Details) - USD ($)	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Apr. 05, 2022	Jan. 31, 2022	Dec. 31, 2021	Oct. 31, 2021
Related Party Transaction [Line Items]
Due from (to) related party	$ 3,455,000				$ 3,484,000
Equity method investments	$ 184,693,000				52,215,000
CoolCo
Related Party Transaction [Line Items]
Equity method investment, ownership percentage	31.30%		31.30%
Equity method investments	$ 134,862,000				0
CoolCo
Related Party Transaction [Line Items]
Guarantee fee, percent on outstanding principal balanaces	0.50%
Lease obligations | CoolCo
Related Party Transaction [Line Items]
Guaranty liabilities	$ 226,900,000
CoolCo
Related Party Transaction [Line Items]
Total	2,742,000
Due from (to) related party	3,221,000
CoolCo | Management and administrative services revenue
Related Party Transaction [Line Items]
Revenue from related parties	1,160,000
CoolCo | Ship management fees income
Related Party Transaction [Line Items]
Revenue from related parties	1,249,000
CoolCo | Debt guarantee compensation
Related Party Transaction [Line Items]
Compensation amount	279,000
CoolCo | Commitment Fee On Short Term Loan
Related Party Transaction [Line Items]
Compensation amount	54,000
CoolCo | Loan To Related Party
Related Party Transaction [Line Items]
Notes receivable, related party	$ 25,000,000			$ 25,000,000
Related party transaction rate	5%
Annual commitment fee	0.50%
Avenir LNG
Related Party Transaction [Line Items]
Due from (to) related party	$ 3,374,000				$ 3,225,000
Avenir LNG | Debt guarantee compensation
Related Party Transaction [Line Items]
Compensation amount	$ 100,000	$ 200,000
Avenir LNG | Loan To Related Party
Related Party Transaction [Line Items]
Related party transaction rate	5%
Shareholder loan						$ 5,300,000
Proceeds from related party debt	$ 1,800,000
Interest receivable	44,000
Interest and commitment fee receivable, undrawn portion	$ 35,000

Related Party Transactions - _2

Related Party Transactions - Transactions and balances with Golar Partners and Subsidiaries (Details) - Golar LNG Partners $ in Thousands	4 Months Ended
	Apr. 15, 2021 USD ($)
Related Party Transaction [Line Items]
Total	$ 3,986
Management and administrative services revenue
Related Party Transaction [Line Items]
Revenue from related parties	1,717
Ship management fees income
Related Party Transaction [Line Items]
Revenue from related parties	2,251
Interest income on short-term loan
Related Party Transaction [Line Items]
Interest income on short-term loan	$ 18

Related Party Transactions - _3

Related Party Transactions - Transactions and balances with Hygo and Affiliates (Details) - Hygo Energy Transition Ltd $ in Thousands	4 Months Ended
	Apr. 15, 2021 USD ($)
Related Party Transaction [Line Items]
Total	$ 3,631
Management and administrative services revenue
Related Party Transaction [Line Items]
Other	2,051
Ship management fees income
Related Party Transaction [Line Items]
Other	904
Debt guarantee compensation
Related Party Transaction [Line Items]
Debt guarantee compensation	$ 676

Related Party Transactions - _4

Related Party Transactions - Transactions with existing related parties-Net (expenses)/revenue (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Related Party Transaction [Line Items]
Net income (expenses) from related party transactions	$ 139	$ 1,764
Avenir LNG
Related Party Transaction [Line Items]
Net income (expenses) from related party transactions	148	234
Magni Partners
Related Party Transaction [Line Items]
Net income (expenses) from related party transactions	(9)	(172)
ECGS
Related Party Transaction [Line Items]
Net income (expenses) from related party transactions	0	1,482
Borr Drilling
Related Party Transaction [Line Items]
Net income (expenses) from related party transactions	0	167
2020 Bulkers
Related Party Transaction [Line Items]
Net income (expenses) from related party transactions	$ 0	$ 53

Related Party Transactions-Tran

Related Party Transactions-Transactions with existing related parties -Receivables (Details) - USD ($)	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021	Oct. 31, 2021
Related Party Transaction [Line Items]
Due from (to) related party	$ 3,455,000		$ 3,484,000
Avenir LNG
Related Party Transaction [Line Items]
Due from (to) related party	3,374,000		3,225,000
Avenir LNG | Debt guarantee compensation
Related Party Transaction [Line Items]
Compensation amount	100,000	$ 200,000
Avenir LNG | Loan To Related Party
Related Party Transaction [Line Items]
Shareholder loan				$ 5,300,000
Proceeds from related party debt	$ 1,800,000
Related party transaction rate	5%
Interest receivable	$ 44,000
Interest and commitment fee receivable, undrawn portion	35,000
Magni Partners
Related Party Transaction [Line Items]
Due from (to) related party	81,000		81,000
Borr Drilling
Related Party Transaction [Line Items]
Due from (to) related party	0		149,000
2020 Bulkers
Related Party Transaction [Line Items]
Due from (to) related party	$ 0		$ 29,000

Other Commitments and Conting_3

Other Commitments and Contingencies - Pledged Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
Book value of vessels secured against loans	$ 1,139,855	$ 1,242,342

Other Commitments and Conting_4

Other Commitments and Contingencies - Narrative (Details) $ in Millions	1 Months Ended	12 Months Ended
	Apr. 30, 2022 USD ($)	Dec. 31, 2013 tax_lease
Commitments and Contingencies Disclosure [Abstract]
Number of tax leases | tax_lease		6
Tax settlement with HMRC | $	$ 66.4

Subsequent Events (Details)

Subsequent Events (Details) - Hilli LLC t in Millions	1 Months Ended
	Jul. 31, 2022 t	Jul. 31, 2021 t	Aug. 30, 2022 $ / MMBTU
Subsequent Event [Line Items]
Expected increase of capacity per annum		0.2
Subsequent Event
Subsequent Event [Line Items]
Expected increase of capacity per annum	0.2
Base capacity per annum	1.2
Subsequent Event | Swap, 2023
Subsequent Event [Line Items]
Fixed swap price (USD per MMBtu) | $ / MMBTU			49.50
Subsequent Event | Swap, 2024
Subsequent Event [Line Items]
Fixed swap price (USD per MMBtu) | $ / MMBTU			51.20
Subsequent Event | 2023 Incremental Capacity
Subsequent Event [Line Items]
Expected capacity per annum	1.4