© Golar LNG Limited

Third

Quarter

2017

Results

© Golar LNG Limited

FORWARD

LOOKING

STATEMENT

2

This press release contains forward-looking statements (as defined in Section 21E of the SecuritiesExchange Act of 1934, as amended) which reflects management’s current expectations, estimates andprojections about its operations. All statements, other than statements of historical facts, that addressactivities and events that will, should, could or may occur in the future are forward-looking statements.Words such as “may,” “could,” “should,” “would,” “expect,” “plan,” “anticipate,” “intend,” “forecast,”“believe,” “estimate,” “predict,” “propose,” “potential,” “continue,” or the negative of these terms andsimilar expressions are intended to identify such forward-looking statements. These statements are notguarantees of future performance and are subject to certain risks, uncertainties and other factors, some ofwhich are beyond our control and are difficult to predict. Therefore, actual outcomes and results may differmaterially from what is expressed or forecasted in such forward-looking statements. You should not placeundue reliance on these forward-looking statements, which speak only as of the date of this press release.Unless legally required, Golar undertakes no obligation to update publicly any forward-looking statementswhether as a result of new information, future events or otherwise.

Among the important factors that could cause actual results to differ materially from those in the forward-looking statements are: changes in LNG carriers, FSRU and floating LNG vessel market trends, includingcharter rates, ship values and technological advancements; changes in the supply and demand for LNG;changes in trading patterns that affect the opportunities for the profitable operation of LNG carriers,FSRUs; and floating LNG vessels; changes in Golar’s ability to retrofit vessels as FSRUs and floating LNGvessels and in our ability to obtain financing for such retrofitting; increases in costs; changes in thetimeliness of the Hilli Episeyo (the "Hilli") commissioning; changes in our ability to close the sale of theequity interests in Hilli on a timely basis or at all; our ability to make additional equity funding payments toGolar Power and OneLNG to meet our obligations under each of the respective shareholders' agreements;changes in the availability of vessels to purchase, the time it takes to construct new vessels, or the vessels’useful lives; changes in the ability of Golar to obtain additional financing; changes in Golar’s relationshipswith major chartering parties; changes in Golar’s ability to sell vessels to Golar LNG Partners LP; Golar’sability to integrate and realize the benefits of acquisitions; changes in rules and regulations applicable toLNG carriers, FSRUs and floating LNG vessels; our inability to achieve successful utilization of our expandedfleet or inability to expand beyond the carriage of LNG and provisions of FSRUs particularly through ourinnovative FLNG strategy and our JVs; changes in domestic and international political conditions,particularly where Golar operates; as well as other factors listed from time to time in registrationstatements, reports or other materials that we have filed with or furnished to the Securities and ExchangeCommission, or the Commission, including our most recent annual report on Form 20-F.

As a result, you are cautioned not to rely on any forward-looking statements. Actual results may differmaterially from those expressed or implied by such forward-looking statements. The Company undertakesno obligation to publicly update or revise any forward-looking statements, whether as a result of newinformation, future events or otherwise unless required by law.

© Golar LNG Limited

Financial Highlights

4

Unaudited Audited

(USD millions) Q3 Q2 Q3 12 months to

2017 2017 2016 Dec-16

Total operating revenues 32.4 28.4 22.3 80.3

Voyage, charter-hire and commission expenses

Grand charter and fair value guarantee (1.0) (0.8) (5.8) (22.3)

Other voyage expenses (12.1) (11.0) (5.9) (25.3)

Net operating revenues 19.3 16.6 10.6 32.7

Operating expenses (13.8) (12.1) (12.1) (53.2)

Administration expenses (11.0) (11.1) (9.8) (46.0)

EBITDA (5.5) (6.6) (11.3) (66.4)

Other non-operating (loss) income (0.1) 0.1 (12.2) (8.6)

Net financial (expense) income (7.2) (40.9) 7.6 (59.5)

Equity in net earnings (losses) of affiliates (5.9) 0.7 15.7 47.9

Net loss (43.9) (73.8) (17.4) (186.5)

Vessel numbers 14 14 14 14

Dividend 0.05 0.05 0.05 0.20

© Golar LNG Limited

Balance Sheet

5

(USD thousands)

2017

Sep 30

(Unaudited)

2017

Jun 30

(Unaudited)

2016

Dec 31

(Audited)

Current assets

Cash and cash equivalents

Restricted cash and short-term receivables

Other current assets

Non-current assets

Restricted cash

Investment in affiliates

Cost method investments

Vessels and equipment, net

Asset under development

Other non-current assets

TOTAL ASSETS

Current liabilities

Current portion of long-term debt and short-term debt

Other current liabilities

Non-current liabilities

Long-term debt

Other long-term liabilities

Golar LNG Ltd’s stockholders’ equity

TOTAL LIABILITIES & EQUITY

286,562

270,087

31,925

182,416

684,285

7,347

2,093,515

1,032,116

56,970

4,645,223

1,102,560

329,527

1,199,989

228,718

1,784,429

4,645,223

343,226

205,227

19,781

233,144

668,707

7,347

2,110,537

855,949

54,340

4,498,258

919,918

193,825

1,403,112

158,757

1,822,646

4,498,258

224,190

183,693

18,334

232,335

648,780

7,347

2,153,831

731,993

56,408

4,256,911

451,454

317,673

1,525,744

52,214

1,909,826

4,256,911

© Golar LNG Limited

An Integrated LNG Energy Company

8

Exploration

& DrillingShipping Power Generation

Production &

LiquefactionRegasification

Golar Power

51% 50%

Integrated value created with ability to link well to grid

© Golar LNG Limited

FLNG Update

8

FLNG Hilli Episeyo:

Conversion, pre-commissioning completed.

Vessel left Singapore 12 October ‘17.

Arrived Cameroon 20 November ‘17.

Notice of Readiness will be served.

Full LNG commissioning commences Early December.

First LNG production expected around year end.

Final commissioning on track to complete during 2nd half

of 1Q ’18

Fortuna:

Good progress recently made on financing but year-end

execution looks tight.

Solid project economics support FID during early 2018.

OneLNG:

OneLNG making very good progress with both

development of active projects and funnel of future

opportunities.

Delfin:

Mark II FEED study on track to complete March 2018.

© Golar LNG Limited

Shipping Update

6

LNG Spot earnings (USD/day)

Source: Clarksons Platou

-

10,000

20,000

30,000

40,000

50,000

60,000

70,000

80,000

De

c 1

4Ja

n 1

5Fe

b 1

5M

ar 1

5A

pr

15

May

15

Jun

15

Jul 1

5A

ug

15

Sep

15

Oct

15

No

v 1

5D

ec

15

Jan

16

Feb

16

Mar

16

Ap

r 1

6M

ay 1

6Ju

n 1

6Ju

l 16

Au

g 1

6Se

p 1

6O

ct 1

6N

ov

16

De

c 1

6Ja

n 1

7Fe

b 1

7M

ar 1

7A

pr

17

May

17

Jun

17

Jul 1

7A

ug

17

Sep

17

Oct

17

No

v 1

7

USD

/day

LNG 160K CBM Spot Rate LNG 145K CBM Spot Rate

Real and positive progress:

Significant new production coming online.

34mtpa of 2016 nameplate capacity

ramping up; A further 33mtpa nameplate

capacity starting up in 2017.

Increasing Chinese demand, more of which

is being supplied by the US resulting in

rising ton miles.

The re-emergence of inter-basin arbitrage

opportunities also contributing additional ton

miles.

Average spot rates for TFDE vessels have

now exceeded $70kpd. ST tonnage rates

have also increased to around $40kpd.

An increase in requirements for long-term

charters has been noted.

© Golar LNG Limited

FSRU and Power Update

7

Sergipe project making good progress:

Construction on schedule and budget.

Currently more than 1,200 workers on site.

Power island modules due to arrive Q1 2018.

Mooring/Pipeline EPCI contractor appointed.

FSRU Nanook 25-year time charter agreed.

Other opportunities:

FSRU newbuild market remains very

competitive.

Market for small-mid sized FSRUs is robust.

Several integrated power opportunities

continue to be progressed.

View of groundworks for Sergipe Power Station

© Golar LNG Limited

Summary and Outlook

11

Golar is currently going through a process that will see it transition from a mid-stream

shipping company into a fully integrated gas to wire energy company.

Key building blocks to this transformation are as follows:

The delivery and start-up of FLNG Hilli Episeyo;

The project development of the Fortuna field;

The development of the power project in Sergipe including deployment of FRSU

Nanook;

The LNG shipping market showing strong signs of improving;

The improved outlook for Golar Partners as a result of its commitment to acquire an

initial interest in FLNG Hilli.

This unique combination provides a differentiated and competitive value proposition in the

gas to wire energy sector. As a result of the above, Golar is a company likely to increase

its earnings significantly over the coming three years. These results will be underpinned

by secured contracts currently in execution, further augmented by a strengthening shipping

market and a solid portfolio of projects that are expected to translate into new contracts.

The company looks forward to providing confirmation of the above over the forthcoming

quarters.

THANK

YOU

© Golar LNG Limited