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Samsung Heavy Industries Orders a FSRU Unit GTT for Delivery in 2017

GTTFrance’s GTT, the world leader in the design of membrane containment systems for the maritime transportation and storage of LNG (Liquefied Natural Gas), disclosed Monday a new order for a Floating Storage & Regasification Unit (FSRU) from the South Korean shipbuilder Samsung Heavy Industries. This new FSRU will be equipped with Mark III technology and is expected to be delivered in 2017. With this new unit, GTT is recording its third order of the year for a FSRU. As of today, GTT’s order book includes eight of these units, one having been delivered in August. GTT technologies have become the standard in this offshore gas industry segment and offer significant competitive advantages, including optimization of capital expenditure (CAPEX) /operating expenditure (OPEX) and LNG storage capacity. All of the new-build FSRUs ordered in the world are equipped with GTT technologies. Philippe Berterottiere, Chairman and CEO of GTT commented: “We are very satisfied of this new success which confirms that GTT’s technologies perfectly fit to this market. This order for a FSRU also demonstrates that new importing countries take interest in LNG year after year”.

Source GTT