GTT Gaztransport et Technigaz : receives an order from Hyundai Samho Heavy Industries for the tank design of a new LNG Carrier

Press Release

GTT receives an order from Hyundai Samho Heavy Industries for the tank

design of a new LNG Carrier

Paris - December 18th, 2019. GTT has received an order from the Korean shipyard Hyundai Samho Heavy Industries (HSHI) for the tank design of a new LNG Carrier (LNGC1).

The vessel will offer a capacity of 174,000 m3. GTT will design the tanks, which will be fitted with the Mark III Flexmembrane containment system, a technology developed by GTT.

It will be built on behalf of an Asian ship-owner whose name remains confidential at this stage. The delivery will take place during the first quarter of 2022.

Philippe Berterottière, Chairman and CEO of GTT declared: "We are delighted with the continued confidence of our long-termpartner HSHI with this new 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, visit www.gtt.fr

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1 Liquefied Natural Gas Carrier