Under the contract, GTT will supply nine LNG carriers for South-Korea-based Daewoo Shipbuilding & Marine Engineering (DSME).

The LNG carriers will travel through the Arctic Ocean to create a link between the liquefaction production plant at Yamal, situated in the north-west part of Russia, and customers in North East Asia.

GTT chairman and CEO Philippe Berterottière said: "We are very proud of having succeeded in convincing the various partners in this project that the GTT technology is perfectly adapted to this type of difficult environment."

Teekay Shipping and the Center for LNG (CLNG) will jointly own six vessels while the remaining three will be held by Mitsui OSK Lines (MOL) and China Shipping LNG.

The vessels are scheduled to be delivered between 2017 and 2019.

The Yamal LNG project includes the development of the South Tambey gas field, located near Sabetta in the Yamal peninsula in Russia.