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  • 22-10-12

    Qatar's Nakilat reports USD50m profit in Q3

    (MENAFN) Qatar Gas Transport Co (Nakilat) reported a 25.5 percent decline in quarterly profits, Reuters reported. The company said it made USD49.8 million net profit during the third quarter, according to Reuters calculations, compared with USD66.9 million a year ago. Reuters calculated quarterly net profit from previous financial statements. For the nine-months to September, Nakliat said it made USD154.3 million net profit, down from USD171.5 million a year earlier. Last year, the world's largest shipper of liquefied natural gas (LNG) said it is considering converting 45 of its largest tankers to burn natural gas instead of oil.

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