Golar LNG’s net loss deepens in second quarter

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By LNG World News Bermuda-based Golar LNG on Wednesday reported a net loss of $73.8 million for the second quarter of this year.
The company’s operating revenues, however, shown a slight increase from $25.1 million in the first quarter to $28.4 million during the quarter under review.
The shipping market remained relatively flat for most of the second quarter Golar LNG said, noting a pickup in utilization toward the end of the quarter which contributed to a small rise in time charter revenues that increased from $20.1 million in the first quarter to $24.0 million in the second quarter.
Subsequent to the second quarter, and as anticipated,

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