Directors returned to Golar board
Seven directors of Bermudian-based Golar LNG Limited were re-elected at the company’s annual general meeting today.
Resolutions were passed to re-elect Tor Olav Trøim, Daniel Rabun, Thorleif Egeli, Carl Steen, Niels G Stolt-Nielsen, Lori Wheeler-Naess and Georgina E Sousa.
A resolution was also passed to reappoint Ernst & Young LLP of London, England, as auditors and to authorise the directors to determine their remuneration.
Remuneration of the company’s directors was approved for a total amount of fees not to exceed $1.75 million for the year ending December 31.
Golar LNG liquefies natural gas offshore using its floating LNG technology, transports that LNG to end users via its 31 per cent-owned LNG shipping affiliate Cool Company Ltd, and then turns that LNG back into natural gas at a floating storage and regas unit for onward distribution by pipeline to end users.