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Arabian gas carrier Nakilat boosts result by eight pct

Qatar-based carrier Nakilat, with a fleet of 67 owned and partially owned LNG and LPG vessels, improved its net result by eight percent in the first quarter 2016.

Photo: Höegh LNG

Qatar Gas Transport Company Limited (Nakilat) improved its net result by eight percent in the first quarter 2016 compared to the same period last year. In the first three months of the year, Nakilat delivered a profit of 240 million Qatari riyal, or USD 65.9 million. In the same period 2015 this result came to 223 million riyal, reports Hellenic Shipping News.

The result is satisfactory, says CEO Abdullah Fadhalah Al Sulaiti:

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