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GTT provides order book update

LNG Industry,

GTT (Gaztransport & Technigaz) has provided the market with an update to its order book.

GTT has received orders for four new LNG carriers and one FSRU so far in Q4. The LNG carrier orders are from the same shipyard however for different customers. They are expected to be delivered from 2017. The new FSRU will also be delivered in 2017, however will be built by another shipyard.

At 30 September, new orders for the first nine months stood at 38. The five new orders received so far in Q4 2014 bring the count of new orders received this year to 43 including:

  • 33 LNG carriers
  • 6 VLE Carriers (Very Large Ethane Carriers)
  • 3 FSRUs
  • 1 FLNG unit

GTT will publish its full year 2014 results in February 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.

Adapted from press release by Katie Woodward

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