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Company News, Business, Energy

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Nakilat Q1 net profit up 19.28 percent

The deal is expected to open doors for Oman LNG to the European markets.
By TRENDS Desk
April 18, 2022 11:07 pm
  • Compared to its profit in April of 2021 which, stood at QR 320.106 million, the profit reached QR 381.835 million.
  • Nakilat represents the main transport link in the global supply chain of liquified natural gas from the State of Qatar.

Qatar Gas Transport Company (Nakilat), a Qatari public shareholding company, achieved a net profit of 19.28 percent in the first quarter of 2022.

Compared to its profit in April of 2021 which, stood at QR 320.106 million, the profit reached QR 381.835 million.

A statement by the company, published Sunday on the Qatar Stock Exchange (QSE) website, noted that earnings per share amounted to QR 0.07 in the first quarter of the year (March 31, 2022).

The earnings per share in 2021 were QR 0.06 per share for the same period.

Established in 2004 as a company, Nakilat specialized in the field of transportation and marine services.

Nakilat represents the main transport link in the global supply chain of liquefied natural gas from the State of Qatar, with a capital of QR 5.540 billion.

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