Golar LNG Ltd. has executed an engineering, procurement, and construction contract with Yantai CIMC Raffles Offshore Ltd. for its fourth floating LNG vessel, the second unit built to Golar's MKII design. The converted vessel will have an annual liquefaction capacity of 3.5 million tonnes and is expected to be delivered from the shipyard by end 2029. A donor vessel for the conversion has already been secured. The new unit will