Doha, Qatar: Qatar Gas Transport Company (Nakilat) announced its consolidated financial results for the first half of the year ended 30 June 2026, with a net profit of QR857m compared to QR860m for the corresponding period in 2025.
Eng. Abdullah Al-Sulaiti, Nakilat’s Chief Executive Officer, commented: “In light of the current situation in the region and its impact on business performance, our Marine Services segment was significantly affected, with ship repair, shipping agency, and towage services experiencing a noticeable decline. Despite these challenges, we continued to fulfil our strategic role in providing LNG shipping services to our customers and took decisive cost-control measures to maintain the stability of our core operations while ensuring the highest levels of fleet reliability. We remain steadfast in our commitment to serving our customers under all circumstances.”
During this period, Nakilat was awarded the East Export Credit Deal of the Year by Marine Money, the world’s leading provider of shipping finance information. The recognition was awarded for the Nakilat Conventional Inc. financing for 25 LNG Carriers, a landmark financing transaction supporting the Company’s ongoing fleet expansion programme and its strategic role in Qatar’s LNG value chain.
During the first half of 2026, Nakilat continued to advance its strategic growth initiatives and fleet expansion programme, which comprises a total orderbook of 40 newbuild vessels under construction at leading shipyards in South Korea and China.
In keeping with its commitment to exemplary investor relations, Nakilat will host a conference call to discuss the financial results for the first half of 2026 on Wednesday, July 22, 2026, at 13:30 PM (Doha Time).
