Press Release

GTT receives two orders for the tank design of new LNG Carriers

Paris - January 17th, 2022. GTT announces that it has received, at the end of 2021, two orders, each for the tank design of one new LNGC[1].

The first LNGC will be built by the Korean shipyard Hyundai Samho Heavy Industries. This order concerns a vessel which will offer a total cargo capacity of 174,000 m3 and will be fitted with the Mark III Flexmembrane containment system, a technology developed by GTT. The delivery of the vessel is scheduled for the last quarter of 2024.

The second LNGC, which order was received from a shipyard whose name remains confidential at this stage, will have a smaller capacity and will be fitted with GTT's NO96 L03+membrane containment system. The vessel is scheduled for delivery in the third quarter of 2023.

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.

Media contact:

press@gtt.fr/mlbouchon@three-sixty-advisory.com/+33 (0)6 31 62 23 48

Investor Relations contact: information-financiere@gtt.fr/+ 33 (0)1 30 23 20 87

  1. Liquefied Natural Gas Carrier

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GTT – Gaztransport & Technigaz SA published this content on 17 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 January 2022 18:24:06 UTC.