Nakilat discloses interim financial statements

Qatar Gas Transport Company (Nakilat) disclosed Tuesday the interim financial statements for the period ending September 30, 2011. The interim financial statements revealed a net profit of QR 624.8 million for the nine months period ended September 30, 2011 in comparison to a net profit of QR 501.8 million for the corresponding period last year, the company said in a statement published on the (Qatar Exchange) website. The Company''s Earnings per Share (EPS) amounted to QR 1.13 for the period ended September 30, 2011 versus QR 0.91 for the corresponding period in 2010. Qatar Gas Transport Company Ltd. (Nakilat) is a Qatari-listed shipping company established by the State of Qatar to own, operate and manage LNG vessels and to provide shipping and marine-related services to a range of participants within the Qatari hydrocarbon sector. Nakilat is an integral component of the supply chain of some of the largest, most advanced energy projects in the world undertaken by Qatar Petroleum, Qatargas, RasGas and their joint venture partners for the State of Qatar. Nakilat was established in 2004 and is a joint stock company owned 50% by its founding shareholders and 50% by the public. Nakilat owns 54 LNG vessels, making it the largest LNG ship owner in the world.