GTT updates market on its new order intake for 2014


Paris – November 24, 2014. GTT (Gaztransport & Technigaz) (ISIN FR0011726835 Euronext Paris: GTT), world leader in the design of membrane containment systems for the maritime transportation and storage of LNG (Liquefied Natural Gas) provided the market with an update to its order book.

GTT has received orders for four new LNGCs and one FSRU so far in the fourth quarter. The LNGCs orders are from the same shipyard but for different customers. They are expected to be delivered starting in 2017, as well as the new FSRU, which will be built by another shipyard.

At September 30, 2014, new orders for the first 9 months stood at 38.  The five new orders received so far in the fourth quarter 2014 bring the count of new orders received this year to 43 including:

  • 33 LNG Carriers (Liquefied Natural Gas Carriers)
  • 6 VLE Carriers (Very Large Ethane Carriers)
  • 3 FSRUs (Floating Storage and Regasification Unit)
  • 1 FLNG (Floating LNG)

GTT will publish its full year 2014 results on February 12, 2015, with its revised short term and mid term outlook after the close of the market.  This revised outlook will take into account the stronger than expected current order flow.


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