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Flex LNG: An Overview of Current Developments

Flex LNG Ltd, listed on both NYSE and Oslo Stock Exchange under the ticker FLNG, is making significant strides in the liquefied natural gas (LNG) sector. This week, the company is hosting a series of investor meetings aimed at showcasing its growth and future strategies in an increasingly competitive market.

Investment Meetings

This week, Flex LNG will engage with potential investors and stakeholders through various meetings. The company has prepared a presentation that highlights its impressive fleet and advancements in technology. The presentation provides insights into how Flex LNG is positioned to leverage the growing demands in the energy market, particularly for LNG, which is seen as a cleaner alternative to other fossil fuels.

Cutting-Edge Fleet

Currently, Flex LNG operates a robust fleet of thirteen LNG carriers, all of which are equipped with state-of-the-art technology. The ships utilize the latest generation of propulsion systems, including both MEGI (Mixed Refrigerant Gas Injection) and X-DF (Dual Fuel Diesel Electric) engines. These advanced technologies not only enhance fuel efficiency, but they also significantly minimize the carbon footprint when compared to older vessels. The company is dedicated to sustainable practices and continually seeks ways to improve its operations to align with global environmental standards.

A Focus on Sustainability

Flex LNG's commitment to sustainability is reflected in its choice of vessels and operations. The company's modern LNG carriers are built to achieve better environmental performance, adhering to stricter emission regulations. By focusing on the growth of the LNG market, Flex LNG aims to provide an energy source that supports global efforts to reduce greenhouse gas emissions.

Future Growth Prospects

The demand for LNG is expected to rise as countries shift towards cleaner energy alternatives. Flex LNG is well-positioned to take advantage of this trend. The company's strategic investments in newer, more efficient ships ensure that it can meet increasing customer demand while maintaining lower operational costs.

Contact Information

For further inquiries regarding the investor meetings or to gain more insights about Flex LNG, Chief Financial Officer Knut Traaholt can be reached via telephone at +47 23 11 40 00 or via email at [email protected].

Conclusion

Flex LNG's dedication to innovation, environmental sustainability, and strategic growth makes it a notable player in the LNG industry. Stakeholders can look forward to the company's continued progress as it positions itself to meet the demands of a changing energy landscape, while also focusing on responsible resource management.

For more information, visit Flex LNG's website.