Qatar Gas Transport Company Q.P.S.C. (Nakilat) reported that it is pursuing an “innovative financing strategy” to further strengthen Nakilat’s financial position.
Chief executive Abdullah Al-Sulaiti said in the first half of the year 2025 results announcement that 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,” the chief executive noted.
In 2025, Nakilat made substantial progress across its operations and strategic growth initiatives. The company celebrated yet another significant milestone with the steel cutting ceremony marking the commencement of construction of 25 LNG vessels at various shipyards in South Korea.
The vessels are part of QatarEnergy’s LNG fleet expansion project, which caters for future LNG fleet requirements for its LNG expansion projects. Owned by Nakilat, and built with a capacity of 174,000 cubic meters, the new vessels will be chartered to QatarEnergy affiliates under long-term agreements.
The company has also commenced the construction of 6 new vessels at the Hyundai Samho Heavy Industries shipyard in South Korea, including 2 LNG vessels and 4 LPG/ammonia vessels. These vessels will be fully owned by Nakilat.
Nakilat reported yesterday its financial results for the first half of the year with a net profit of QAR 860m, an increase of 3.7%, compared to QAR 829m for the corresponding period in 2024.
“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,” said Nakilat’s chief Abdullah Al-Sulaiti.
