GTT Gaztransport et Technigaz : receives a new notification, bringing up to 50 the number of vessels ordered in 2018

Press Release

GTT receives a new notification, bringing up to 50 the number of vessels ordered in 2018

Paris - December 17th, 2018. GTT has received an order from a Korean shipyard concerning the tank design of two new 174,000 m3 LNG carriers, on behalf of an Asian ship-owner. The delivery of the ships is respectively planned during the first and second semester of 2021.

GTT's membrane containment systemMark III Flex has been selected for the design of the tanks.

Philippe Berterottière, Chairman and CEO of GTT, declared: "We are pleased to receive this new notification, which brings up to 50 the number of vessels ordered this year, including 48 LNG carriers and 2 FSRUs1."

The ship-owner's and shipyard's names are 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, visitwww.gtt.fr

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1 FSRUs are stationary vessels able to receive, store and regasify LNG from LNG carriers.