Press Release

GTT notified by Samsung Heavy Industries for the tank design of a new LNG carrier for Minerva

Paris - December 4th, 2018. GTT has received an order from the Korean shipyard Samsung Heavy Industries (SHI) for the tank design of a new 174,000 m3 LNG carrier (LNGC), on behalf of the Greek ship-owner Minerva.

The tanks of this unit, used for the LNG transportation, will be fitted with theMark III Flex+ membrane containment system developed by GTT, offering a guaranteed boil-off rate of 0.07% of tank volume/day.

Its delivery is scheduled for the first quarter of 2021.

Philippe Berterottière, Chairman and CEO of GTT, declared: "We are very pleased of the renewed trust of our excellent partner Samsung Heavy Industries as well as welcome Minerva for its entry this year into the LNG industry. This order brings up to 5 the number of LNG carriers to be equipped with this new Mark III Flex+ technology."

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, visitwww.gtt.fr.

Media contact:press@gtt.fr / +33 (0)1 30 23 42 26 - +33 (0)1 30 23 47 31

Investor Relations contact:information-financiere@gtt.fr / + 33 (0)1 30 23 20 87

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GTT – Gaztransport & Technigaz SA published this content on 04 December 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 04 December 2018 17:11:11 UTC