New York-listed Golar LNG will look at the possibility of creating a separate floating liquefied natural gas company that would profit from the LNG market’s promising growth potential and Golar’s experience in this sector.

“In order to capture the significant discount to (our) book value, Golar will explore opportunities to separate the FLNG business” from its LNG shipping division, the company said in its fourth-quarter of 2020 results statement.

'Significant hidden value'

In its results presentation, Golar estimated a book value of $21 per share compared to its current stock price of about $11.30.