TECHINT E&C and GTT signed on July 19th 2012 a License Agreement for the design and construction of LNG land storage tanks.

GTT is an Engineering company, specialized in cryogenic engineering and world leader in the design of Containment systems for LNG Carriers and Land Storage Tanks.

TECHINT, which is a Global Designer and EPC contractor, provides engineering, procurement, construction, operation and management services for large-scale projects for Oil & Gas Energy, Mining, Chemicals and Infrastructure sectors.

On this occasion, GTT President, Philippe Berterottière declared: “We are very proud to sign this agreement with an esteemed worldwide company like Techint, which will reinforce GTT’s leading position for LNG containment along the LNG chain. The significant advantages of the GTT technology for LNG land storage tanks applications will enable Techint to enlarge its scope of work for LNG import terminal Projects and thus increase their business opportunities.”

Remo Papotti, SVP Commercial, declared: "We are very happy that we can avail ourselves of the GST design and believe that this agreement will further consolidate the leading position of Techint in the design and construction of LNG import terminals, as well as contribute to the renaissance of the membrane technology in onshore storage applications."