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Realized and Unrealized Gain/(Loss) on Oil and Gas Derivative Instruments
6 Months Ended
Jun. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Realized and unrealized gain/(loss) on oil and gas derivative instruments REALIZED AND UNREALIZED GAIN/(LOSS) ON OIL AND GAS DERIVATIVE INSTRUMENTS
The realized and unrealized gain/(loss) on the oil and gas derivative instruments is comprised of the following:    
Six months ended June 30,
20242023
Realized gain on FLNG Hilli’s oil derivative instrument
36,656 36,156 
Realized mark-to-market (“MTM”) adjustment on commodity swap derivatives
24,719 42,066 
Realized gain on FLNG Hilli’s gas derivative instrument
9,162 25,681 
Realized gain on oil and gas derivative instruments, net
70,537 103,903 
Unrealized gain/(loss) on FLNG Hilli’s oil derivative instrument (note 16)
15,092 (74,840)
Unrealized loss on FLNG Hilli’s gas derivative instrument (note 16)
(5,294)(94,642)
Unrealized MTM adjustment on commodity swap derivatives (23,700)(22,175)
Unrealized loss on oil and gas derivative instruments
(13,902)(191,657)
Realized and unrealized gain/(loss) on oil and gas derivative instruments
56,635 (87,754)

The realized gain/(loss) on oil and gas derivative instruments results from monthly billings above the FLNG Hilli base tolling fee and the incremental capacity increase pursuant to respective LTA amendments, whereas the unrealized gain/(loss) on oil and gas derivative instruments results from movements in forecasted oil and natural gas prices and Euro/U.S. Dollar exchange rates.
OTHER NON-OPERATING LOSSES
Other non-operating losses are comprised of the following:
Six months ended June 30,
20242023
Realized and unrealized MTM losses on investment in listed equity securities (1)
— (62,308)
Dividend income from our investment in listed equity securities
— 9,823 
Other non-operating losses
— (52,485)
(1) During the six months ended June 30, 2023, we sold 1.2 million shares of Class A NFE common shares (“NFE Shares”) at a price range between $36.90 and $40.38 per share for an aggregate consideration of $45.6 million which resulted to $62.3 million realized MTM losses. We also disposed of our remaining 4.1 million NFE Shares that were applied as partial consideration for the repurchase of 1,230 common units in Golar Hilli LLC “Hilli LLC” from NFE, which NFE acquired pursuant to the sale of our investment in Golar LNG Partners LP (“Golar Partners”) to NFE in April 2021. Following these transactions, we no longer hold any listed equity securities.