Gaztransport & Technigaz: GTT reaches an important milestone in the field of liquid hydrogen transport with two approvals in principle from the DNV classification society


Press release

GTT takes an important step in the field of liquid hydrogen transport

with two DNV classification society principle approvals

Paris – July 28e2022. GTT has obtained two approvals in principle (AIP1 ) from the main classification society DNV for the design of a membrane-type containment system for liquefied hydrogen (LH2) and for the preliminary design of an LH2 carrier. These approvals are part of the agreement with Shell, announced in February 2022, and pave the way for the next steps of the project.

As part of the energy transition towards a carbon-free future, the ability to transport very large volumes of hydrogen in liquefied form at -253°C is one of the technological challenges for establishing a reliable, efficient and competitive hydrogen supply chain.

The approvals in principle issued by DNV validate GTT’s technological advances in LH2 containment and preliminary design of an LH2 carrier.

The GTT Group has designed an LH2 containment system that meets current regulatory requirements and anticipates future developments, with requirements for hydrogen transport and cargo being developed by the International Maritime Organization.

Philippe Berterottière, Chairman and CEO of GTT, said: “We are very proud to have received these approvals from DNV, with whom GTT has maintained a close partnership for many years. Our LH2 The carrier development project with Shell is very promising and this first step confirms the reliability and relevance of our solutions as well as our desire to make this technology viable and quickly available to maritime transport and energy players.”

Johan Petter Tutturen, VP Business Development CO2 and H2 DNV Carriers

Maritime said: “We are very happy to have been asked by GTT to work on these AiPs. Hydrogen, as an energy vector and fuel, is potentially one of the foundations of the energy transition. enabling technologies safely and confidently. An AiP can help build that trust by demonstrating that new solutions have been evaluated against long-standing, reliable, and independent standards.

Carl Henrickson, Managing Director Shipping & Maritime Technology, Innovation & Digitalization

of Shell International Trading and Shipping Company said: Shell is delighted to partner with GTT to deliver this groundbreaking work. As we see the development of LH2 Cargo containment systems are a key element in accelerating the energy transition in hard-to-reduce sectors. We’ve worked with GTT since the early days of developing the first LNG carrier, and it’s been great to see how their

1 1 An Approval in Principle (AiP) is an independent assessment of a concept within an agreed framework, confirming that the design is feasible and that no significant impediments exist to prevent the concept from being realized.

Press release

expertise can be applied to enable transport of liquid hydrogen. The effort by everyone to get this new membrane containment system through this key development hurdle has been tremendous and is a testament to the excellent working relationship between everyone involved. This technology will support the safe and efficient scaling of bulk liquid hydrogen transportation by sea, which in turn will help unlock hydrogen as a fuel source for the future. »

About GTT

GTT is a technological expert in cryogenic membrane containment systems for the transport and storage of liquefied gases. For more than 50 years, GTT has been designing and supplying cutting-edge technologies for better energy performance, which combine operational efficiency and safety, to equip LNG carriers, floating terminals, onshore storage and multigas LNG carriers. GTT also develops systems dedicated to the use of LNG as fuel, as well as a complete range of services, including digital services in the field of Smart Shipping. The Group is also active in hydrogen through its subsidiary Elogen, which designs and assembles electrolysers, particularly for the production of green hydrogen.

GTT is listed on Euronext Paris, Compartment A (ISIN FR0011726835 Euronext Paris: GTT) and is notably included in the SBF 120 and MSCI Small Cap indices.

For more information, visit www.gtt.fr.

Media contact:

[email protected]/ +33 (0)1 30 23 48 45

Investor Relations contact:

[email protected]/ + 33 (0)1 30 23 20 87

About DNV

DNV in the maritime industry: DNV is the world’s leading classification society and a recognized advisor for the

maritime industry. We improve the safety, quality, energy efficiency and environmental performance of the global shipping industry – on all types of vessels and offshore structures. We invest heavily in research and development to find solutions, in collaboration with industry, that meet strategic, operational or regulatory challenges. For more

fact-finding visit: www.dnv.com/maritime

About Shell

Shell is a global group of energy and petrochemical companies operating in more than 70 countries. We have expertise in the exploration, production, refining, marketing and trading of oil and natural gas, as well as the manufacturing and marketing of chemicals. We use cutting-edge technologies and take an innovative approach to help build a sustainable energy future. We also invest in electricity, including from renewable sources such as wind and solar, and in new fuels for transportation, such as advanced biofuels and hydrogen. We serve more than 30 million customers every day at nearly 46,000 service stations. Our strategy is to accelerate our business transition to net-zero emissions in a targeted and cost-effective manner. Our strategy also includes extending leadership in liquefied natural gas (LNG) to enable the decarbonization of key markets and sectors.

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