GTT Gaztransport et Technigaz : receives an order from HHI to design the tanks of two new LNG carriers

Press Release

GTT receives an order from HHI to design the tanks of two new LNG carriers

Paris - November 15th, 2018. GTT announces it has received an order from the Korean shipyard Hyundai Heavy Industries (HHI) for the tank design of two LNG carriers.

Each offering a capacity of 174,000 m3, these units will be built on behalf of the Greek ship-owner Cardiff. The tanks will be fitted with theMark III Flex containment system. The vessels' delivery is expected for the end of 2020 and beginning of 2021 respectively.

Philippe Berterottière, Chairman and CEO of GTT, declared: "We are pleased to pursue our partnership of excellence with HHI shipyard and with ship-owner Cardiff which already owns four LNGCs equipped with GTT technologies and has nine LNGCs on order."

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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