Gaztransport & Technigaz : Activité du premier trimestre 2022 - Présentation (en anglais uniquement)

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Q1 2022 Key Highlights

Orders and revenues

• • Core business: 34 new LNGCs ordered in Q1 2022

• • LNG as fuel: 20 new orders in Q1 2022

• • Q1 2022 revenues: €68.2 million, -22% due to a base effect, with Q1 2021 in the wake of 2020 high revenue level

Innovation

• • Shell partnership for the design of a LH2 vessel

• • New AiPs, underlying the dynamism of GTT's R&D

Elogen

• • Gigafactory to be built in Vendôme, in the Centre-Val de Loire region (France)

• • Construction of a methanation unit with Storengy

• • Signature of a collaboration with Sarralle

Capital structure

• • Engie further stake reduction, keeping a 21% shareholding (incl. 10% linked to an exchangeable bond)

Q1 2022 orderbook: a new record of orders

LNGC

VLEC

FSRU

FSU

FLNG

Onshore Storage

GBS

GTT order book movements

(core business)

LNG as Fuel

LNG supply: 3 US pre FID* projects already under construction

PROJECT

COUNTRY

OPERATORVOLUME (Mtpa)

% ContractedQ1 2022 update

Plaquemines LNG

US

Venture GlobalCorpus Christi Stage III

US

CheniereDriftwood Phase 1

US

Tellurian

20 10 11

70% 80% 80%

-> FID on full project (20mtpa) expected Pre construction work + equipment ordered

Construction startedConstruction started

Northfield South expansion

Qatar

QatarEnergies

Woodfibre

Canada

Pacific O&G

16 2.1

70%

Notice to proceed to start construction workFastLNG

US/Congo/MauritaniaNew Fortress

0.5-2.8

3 projects of converted FLNGs

Quick go to market (production expected late 2023)PFLNG 3

Malaysia

Petronas

2

Cameron expansion Calcasieu Phase 2

US US

Sempra Venture Global

6.7 10

Agreements signed with partners for Phase 2

First SPA** signedLake Charles

Freeport T4 PNG expansion Tortue Phase 2

US US PNG Senegal/MauritaniaEnergy Transfer

Freeport Total/Exxon

BP

16.5 5.1 8 2.4

First SPA signed

* FID: Final Investment Decision ** SPA: Sales and Purchase Agreement

Most likely FIDs in 2022-23

Other possible FIDs in coming years

Long term contracts are supporting future FIDs