Nakilat Net Profit Increases by 3.7%

Doha, July 29 (QNA) - Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its consolidated financial results for the first half of the year ended 30 June 2025, with a net profit of QAR 860 million compared to QAR 829 million for the corresponding period in 2024, an increase of 3.7%.

In a press release, the company affirmed that the Board of Directors approved an interim cash dividend for the first half of the year 2025 ended June 30, 2025, of 7.2 Qatari Dirhams per share. The interim dividend entitlement for the first half of the year 2025 will be granted to shareholders who own shares at the end of the trading session on August 6, 2025. These dividends will be distributed in line with the directives of the Qatar Financial Market Authority through Edaa.

Eng. Abdullah Al-Sulaiti, Nakilat's Chief Executive Officer, commented: “Nakilat's strong performance in the first half of 2025 reflects the dedication of our team and the flexibility we adopt in maintaining and sustaining our operations. We remain committed to deliver value to our shareholders, partners, and the global energy market through safe, efficient, and sustainable transportation of LNG. Nakilat remains focused on long-term growth and supporting the evolving global market and business environment.

Beyond maintaining resilient vessel operations, we are actively pursuing an innovative financing strategy to further strengthen Nakilat's financial position. This includes exploring creative structures and cost-effective solutions to reduce overall funding costs. These initiatives enhance our financial flexibility and resilience, positioning us to deliver greater long-term value. By reinforcing the stability of our cash flows, we reaffirm our commitment to generating sustainable, growing returns for our shareholders, a commitment clearly reflected in our latest financial results.” (QNA)