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OTHER NON-CURRENT ASSETS (Tables)
12 Months Ended
Dec. 31, 2023
OTHER NON-CURRENT ASSETS [Abstract]  
Components of other non-current assets
Other non-current assets are comprised of the following:
(in thousands of $)20232022
Pre-operational assets (1)
189,023 27,098 
Oil derivative instrument (note 27)
105,948 182,795 
Gas derivative instrument (note 27)53,663 196,184 
MTM asset on IRS derivatives (note 27)36,690 54,970 
Operating lease right-of-use-assets (2)
7,386 5,653 
MTM asset on TTF linked commodity swap derivatives (note 27)— 39,785 
Others (3)
107,096 5,554 
Other non-current assets499,806 512,039 
(1) As of December 31, 2023, pre-operational assets comprised of capitalized Mark II FLNG (“Mark II”) project engineering costs, long lead items and deposit for a donor vessel of $59.4 million, $109.8 million and $15.5 million, respectively (2022: $16.7 million, $10.4 million and $nil, respectively).
(2) Operating lease right-of-use-assets mainly comprises of our office premises leases.
(3) Included within “Others” as of December 31, 2023 and 2022 is pre-commissioning contractual cashflows paid by Gimi MS to BP in relation to the Gimi LOA of $105.4 million and $nil, respectively (note 18.3).