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S&P Upgrades Golar LNG to B+ Amid Growth Plans | Markets & Money News
Golar LNG has received an upgrade from S&P Global Ratings, moving from a 'B' to a 'B+' due to an improved economic outlook in Argentina, where the company is focusing its fleet efforts. Argentina's country risk profile has also improved, which is crucial as Golar anticipates over half of its earnings from there by 2027. The company plans significant investments, including the conversion of a fourth floating liquefied natural gas vessel, totaling approximately $2.45 billion through 2029. S&P
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