Gaztransport & Technigaz : GTT 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 - June 7th, 2022. GTT announces that it has been chosen, by its partner the Korean shipyard Hyundai Samho Heavy Industries for the tank design of a new LNG1 Carrier (LNGC) on behalf of an Asian ship owner.

GTT will design the tanks of this new LNGC with a total LNG tank capacity of 174,000 m3 and will be fitted with the membrane containment system Mark III Flexdeveloped by GTT.

The delivery of the vessel is scheduled for the fourth quarter of 2025.

About GTT

GTT is a technological expert in containment systems with cryogenic membranes used to transport and store liquefied gases. For over 50 years, GTT has been designing and providing cutting-edge technologies for a better energy performance, which combine operational efficiency and safety, to equip LNG carriers, floating terminals, land storage, and multi-gas carriers. GTT also develops systems dedicated to the use of LNG as fuel, as well as a full range of services, including digital services in the field of Smart Shipping. The Group is also active in hydrogen through its subsidiary Elogen, which designs and assembles electrolysers notably for the production of green hydrogen.

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 LNG = Liquefied Natural Gaz