Qatar Gas Transport Company (Nakilat), the largest LNG ship owner in the world, revealed a net profit of QR 562 million for the nine months period ended September 30, in comparison to a net profit of QR 624.8 million for the corresponding period last year.
The company’s Earnings per Share (EPS) amounted to QR 1.02 for the period ended September 30, 2012 versus QR 1.13 for the corresponding period in 2011.
Nakilat owns 54 LNG vessels which transport LNG produced from Qatar’s North Field, the world’s largest non-associated gas field, with approximately 15% of the world’s total proven reserves to global markets.
These vessels, ordered from Korean shipyards, incorporate the latest technology for safe, reliable and cost-effective transportation of LNG.
1 Qatari rial = 0.2747 US dollars
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LNG World News Staff, October 22, 2012; Image: Nakilat