Qatar Gas Transport Company Limited (Nakilat) has announced that its net profits reached QR 446 million in the first half of this year, compared to QR 360 million in the same period last year (2013), an increase of 24 percent.
The strong results of the company's earnings clearly reflect the strength and stability of the company's financial position, and the prudent and effective strategic plan related to the development of the company's main business activities in the transportation of liquefied natural gas (LNG) to include international markets, Nakilat's board of directors said in a press conference.
The board has affirmed Nakilat's commitment to pursue its development and growth strategy continuously and systematically, in order to achieve strong returns to its shareholders.
Nakilat is a Qatari marine transport company providing the essential transportation links in the State of Qatar's LNG supply chain.