GTT Entrusted with Design?of LNG Tanks for?LNG Carrier and FSRU

GTT has received an order from a South Korean shipyard for the design of the LNG tanks of a new LNG carrier (LNGC) and a new Floating Storage and Regasification Unit (FSRU). These vessels will be built on behalf of a European shipowner. Their delivery is expected for the first half of 2020.

GTT will design the LNG tanks of both units, each having a capacity of 173,400 m³. The insulation solutions retained are NO96 GW for the LNGC and NO96 for the FSRU.

The shipowner and shipyard's names remain confidential.

About GTT

GTT (Gaztransport & Technigaz) is an engineering company expert in containment systems with cryogenic membranes used to transport and store liquefied gas, in particular LNG (Liquefied Natural Gas). For over 50 years, GTT has been maintaining reliable relationships with all stakeholders of the gas industry (shipyards, shipowners, gas companies, terminal operators, classification societies). The company designs and provides technologies which combine operational efficiency and safety, to equip LNG carriers, floating terminals, and multi-gas carriers. GTT also develops solutions dedicated to land storage and to the use of LNG as fuel for the vessel propulsion, as well as a full range of services.

GTT is listed on Euronext Paris, Compartment A (ISIN FR0011726835 Euronext Paris: GTT) and is notably included in SBF 120 and MSCI Small Cap indices.

For more information, visit www.gtt.fr.