GTT Technology to Feature on Yamal LNGC Newbuilds

Business & Finance

GTT Technology to Feature on 9 LNG Newbuilds

GTT (Gaztransport & Technigaz) has disclosed the order of nine Liquefied Natural Gas Carriers (LNGC) which will be built by the Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME).

 

Six new ships will be owned jointly by TEEKAY & CLNG and the three others will be owned jointly by MOL & CSLNG.

These large vessels are expected to be delivered between 2017 and 2019.

They will be built with the NO 96 membrane technology, which is well suited for these ice-breaking LNGCs and allows for an optimized daily boil-off rate of cargo LNG.

These nine Liquefied Natural Gas Carriers follow one identical Sovcomflot order of an LNGC, dated March 2014, also being built with NO 96 Technology.

These are the world’s first ice-breaking LNGCs ever ordered.

GTT Technology to Feature on Yamal LNGC Newbuilds
Yamal LNG Project Trading Routes

They will create the link between the liquefaction production plant at Yamal, located in the North West part of Russia, and numerous customers in North East Asia, travelling via the Arctic Ocean.

Commenting on this latest order, Philippe Berterottière, Chairman and CEO of GTT said: “We are very proud of having succeeded in convincing the various partners in this project that the GTT technology is perfectly adapted to this type of difficult environment.”

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Press Release, July 28, 2014 ; Image: MOL