By LNG World News Image courtesy of GTTGTT, the French maker of LNG containment systems, said it could delay the general availability of its Mark V technology to the market.
The company said that, while it remains confident in the potential of the technology, it has decided to re-validate some aspects of it following the “discovery of a technical concern.”
GTT also added it is aware that today’s market conditions and LNG prices are not propitious to the general application of the current version of Mark V, considering the incremental cost of the system compared to GTT’s other technologies.
“The company will, therefore, use this additional
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