Southeast Asia LNG GTT membrane land storage tanks construction for EWC is progressing well

2014-12-09

Paris – December 9th, 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) is pleased to announce that the construction of the two LNG storage tanks ordered by EWC in Southeast Asia is progressing well.

In 2009 and 2011, Energy World Corporation (EWC) and GTT signed two contracts for Land storage tank construction in Indonesia and the Philippines, to be equipped with GTT’s GST® Membrane Full Integrity System. For both projects, GTT supervises the detailed design of the storage tank containment systems, provides technical assistance on site during the containment systems installation and will assist the Operator during the whole tank life.

The first project between EWC and GTT is the Sengkang LNG site development project, in Keera, province of South Sulawesi in Indonesia. So far, the walls of the 88.000m3 tank are completed since this summer and the roof installation will start soon. Installation of containment system is planned for beginning of 2015.

The second project of a 130.000m3 LNG storage tank is being built for LNG Hub Terminal on Pagbilao Grande Island, Quezon Province, in the Philippines. Both projects are progressing in parallel, and, as for Sengkang, the containment system is planned for beginning of next year.

Stewart W. G. Elliott, Chairman, Managing Director and Chief Executive Officer of EWC, explained that it is a significant construction step for the Philippines first LNG receiving terminal and for the Indonesian liquefaction plant.

Philippe Berterottière, President & CEO of GTT stated that these projects are significant first steps on the return of GTT membrane type land storage systems to the World market. These projects both benefit from the inherent cost and schedule advantages of the GTT design.

The building site’s images

 

Media Contact:
press@gtt.fr / +33 130 232 041

Investor Relations Contact:
Information-financiere@gtt.fr / + 33 130 234 226