GTT Gaztransport et Technigaz : receives an order from Samsung Heavy Industries for the tank design of two new LNG Carriers

Press Release

GTT receives an order from Samsung Heavy Industries for the tank design of

two new LNG Carriers

Paris - December 5th 2019. GTT has received an order from the Korean shipyard Samsung Heavy Industries (SHI) for the tank design of two LNG Carriers (LNGCi) on behalf of the Malaysian ship-owner MISC.

Each vessel will offer a capacity of 174,000 m3. GTT will design the tanks of the vessels, which will be fitted with the Mark III Flex+membrane containment system. The delivery of the vessels is planned during the first quarter of 2023.

Philippe Berterottière, Chairman and CEO of GTT, declared: "This new order from our long-termpartners SHI and MISC is proof of our mutual trust and the performance of our technologies."

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