GTT Gaztransport et Technigaz : receives a new order from Samsung Heavy Industries to design the tanks of an LNG Carrier for ship-owner NYK

Press Release

GTT receives a new order from Samsung Heavy Industries to design the tanks of an LNG Carrier for ship-owner NYK

Paris - October 26th, 2018. GTT has received an order notification from Samsung Heavy Industries (SHI) for the tanks design of a Liquefied Natural Gas Carrier (LNGC) on behalf of the Japanese ship-owner Nippon Yusen Kaisha (NYK).

GTT'sMark III Flex membrane containment system has been selected to equip the LNGC, offering a capacity of 174,000 m3. The vessel's delivery is scheduled for Q1 2021.

"We are very pleased to continue our partnership of excellence with Samsung Heavy Industries for the benefit of NYK, an owner with whom we have a very close relationship." commented Philippe Berterottière, Chairman and CEO of GTT.

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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