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Business / Qatar Business

Nakilat reports 2.97% rise in net profits by end of Q3 2025

Published: 28 Oct 2025 - 07:41 pm | Last Updated: 28 Oct 2025 - 07:58 pm
Peninsula

QNA

Doha: Qatar Gas Transport Company Limited (Nakilat), a Qatari public shareholding company, announced a 2.97 percent increase in net profits by the end of the third quarter of 2025, reaching QR 1.31 billion, compared to QR 1.27 billion during the same period in 2024.

In a statement published Tuesday on the Qatar Stock Exchange, the company clarified that earnings per share rose to QR 0.24 for the period ending Sep. 30, 2025, compared to QR 0.23 for the same period in 2024.

On this occasion, Chief Executive Officer of Nakilat Eng. Abdullah Al Sulaiti stated that the company delivered strong performance in the third quarter, driven by efficient execution and operational stability, alongside their teams' unwavering commitment to safety, operational excellence, and environmental sustainability.

He added that they are approaching a pivotal phase in their expansion plans, as their LNG fleet expansion program transitions from planning to execution, with the first vessel from the expansion project scheduled for delivery by the end of 2026.