AsiaContracts and Tenders

China’s COSCO Shipping inks LNG tank deal with GTT

By LNG Prime Staff
China's COSCO Shipping inks LNG tank deal with GTT
Image: GTT

French LNG containment giant GTT said it has signed a technical assistance and license agreement with a unit of China’s COSCO Shipping.

This deal enables COSCO Shipping Qingdao to offer solutions using GTT’s membrane containment systems for the construction of several types of LNG storage for both marine and onshore applications, the Paris-based firm said in a statement.

COSCO Shipping Qingdao obtained its license from GTT after the firm had completed a qualification process that began in June 2019, including the construction of a GST technology mock-up.

“This agreement represents a further step forward in the deployment of GTT technologies in China, making COSCO Shipping Qingdao the second Chinese licensed GTT outfitter,” the firm said.

In addition, COSCO Shipping Qingdao is currently investing in a large-scale mock-up, training center as well a set of equipment for the installation and welding of GTT’s membrane technology, it said.

Most Popular

LNG Terminals

Williams launches Transco pipeline expansions

US natural gas pipeline operator Williams has launched two fully contracted expansions of the existing Transco pipeline to meet growing domestic demand and LNG exports.
LNG Terminals

Update: Shell’s LNG Canada receives LNG cargo

Shell’s LNG Canada has received a cargo of liquefied natural gas as part of the commissioning and start-up phase.
LNG Terminals

DOE gives further boost to US LNG exports

The US Department of Energy (DOE) has removed a regulatory barrier that required liquefied natural gas (LNG) projects to start export within seven years of receiving regulatory approval.

More News Like This

Contracts and Tenders

GTT inks onshore LNG tank pact with China’s BPE

French LNG containment GTT and China's Beijing Petrochemical Engineering (BPE) have signed a deal to cooperate on onshore membrane LNG tanks.
Contracts and Tenders

GTT nets new LNG tank gig

France's GTT has secured a new tank design order for two 170,000-cbm liquefied natural gas (LNG) carriers.
Corporate

GTT makes leadership changes

French LNG containment giant GTT has made changes to its leadership team.
Vessels

GTT still expects more than 450 LNG carrier orders in next 10 years

French LNG containment giant GTT still expects more than 450 orders for large LNG carriers over the next ten years, according to GTT’s chief Philippe Berterottière.

2025. © All rights reserved. LNG Prime LLC. 447 Broadway, New York, NY 10013, USA