Nakilat posts nine-month net profit of QR1.29bn

Qatar Gas Transport Company, also known as Nakilat, reported a net profit of QR1.29bn for its most recent nine-month period, which was slightly lower than the QR1.31bn generated during the same timeframe in 2025. Despite the challenges posed by the regional situation, Nakilat maintained its crucial role in Qatar's energy transportation industry and a commitment to its customers.

CEO Abdullah al-Sulaiti highlighted the implementation of cost-control measures while upholding the operational reliability across the company's fleet. The company's progress includes the naming of its first LPG/ammonia carrier and achievements in its newbuilding programme, with 40 vessels currently under construction in shipyards in the Republic of Korea and China.

Several major construction milestones were reached, with deliveries from the first phase progressing as scheduled starting in 2026. Nakilat Group also supports the national energy sector through various specialized industrial and marine projects. The company plans to hold a conference call on October 21 at 1:30pm (Doha Time) to discuss the financial results for the third quarter of 2026.