News

Doha, Qatar – February 11, 2026: Nakilat convened its Annual General Meeting (AGM) today, chaired by Eng. Abdulaziz Jassim Al-Muftah, Chairman of Nakilat’s Board of Directors. The AGM presented an opportunity for discussion of the financial results in which Nakilat achieved a record consolidated earnings results, with a net profit of QAR 1.69 billion for the fiscal year 2025, reflecting a 3.1% growth compared to 2024.

The meeting also provided a comprehensive overview of key activities conducted in 2025, a year defined by operational delivery and tangible progress on Nakilat’s fleet expansion programme. This performance reflects Nakilat’s disciplined operating model, supported by fleet operations, prudent financial stewardship, and a continued focus on long-term value creation.

The General Assembly approved:

• The Group’s financial statements for the fiscal year ended 31 December 2025.
• Endorsed the Board of Directors’ recommendation to distribute cash dividends of 7.2 Qatari Dirhams per share for the second half of year 2025. This is in addition to the half-yearly interim cash dividend of 7.2 Qatari Dirhams per share in respect of the six-month period ended 30 June 2025. Together, the total cash dividend distribution amount is 14.4 Qatari Dirhams per share for the year 2025. These dividends will be distributed in line with the directives of the Qatar Financial Market Authority through Edaa.
• All items on the agenda were endorsed during the AGM.

Commenting on the Company’s performance, Eng. Abdullah Al-Sulaiti, Chief Executive Officer of Nakilat, said: “Nakilat’s performance in 2025 reflects the strength of the operating model and the dedication of our people. We continued to deliver safe and reliable operations, maintained high fleet efficiency across the fleet. These results reinforce Nakilat’s position as a leading partner in the global LNG shipping industry and underline our steadfast commitment to delivering value to our shareholders, customers and stakeholders.”

Nakilat’s operational performance remained a key driver of its financial performance during 2025. The Company achieved an operational reliability rate of 99.6%, ranking among the highest globally, and recorded a zero Lost Time Injury (LTI) rate across the fleet operations.

The AGM also highlighted the Company’s progress across various stages of construction of next-generation gas carriers at leading shipyards in South Korea and China, with the first of the 40 vessels scheduled for delivery by the end of the year. The programme reflects Nakilat’s strategic focus on fleet modernization, enhanced operational capability, and supporting the development of a reliable, safe, and environmentally responsible LNG shipping network aligned with global sustainability standards and requirements.

The Board of Directors extended its sincere gratitude to H.E. Saad Sherida Al-Kaabi, Minister of State for Energy Affairs and President and CEO of QatarEnergy, for his continued support. The Board further noted their appreciation for Nakilat’s shareholders, management, employees, Qatar Stock Exchange, Qatar Financial Market Authority, and its valued strategic partners.