Nakilat has assumed full ship management and operations of Q-Flex LNG carrier Al Kharaitiyat from Shell Trading and Shipping Company Limited (Shell) with effect from 27 May 2020, as part of the second phase of its planned fleet management transition programme.
Nakilat has taken delivery of a newbuild LNG carrier, “Global Energy”, which will be commercially and technically managed in-house by Nakilat.
Nakilat has commenced the second phase of its fleet management transition from Shell International Trading and Shipping Company Limited (”Shell”) today, with Q-Max LNG carrier Al Mayeda being the first vessel transitioned as part of several vessels phased management transition agreement.
Nakilat announced its financial results for the first quarter ended March 31, 2020 with a net profit of QR 279.5 million compared to QR 236 million during the same period in 2019, with an increase of 18%.
Nakilat held its Annual General Meeting (AGM) today, chaired by His Excellency Dr. Mohammed Bin Saleh Al Sada, the Chairman of Nakilat’s Board of Directors. During the AGM, the Group reported a consolidated net profit of QR 1,003 million (1 billion and 3 million Qatari Riyals) in 2019, an increase of 12.4%.
Nakilat records highest profit of QAR 1,003 million since inception for FY2019, an increase by 12.4% from QAR 892 million
Qatar Gas Transport Company Ltd (NAKILAT) Q.P.S.C., its subsidiaries and associates (“Group”) today announced its financial results for the year ended 31 December 2019. The Group reported a consolidated net profit of QR 1,003 million in 2019, an increase of 12.4%, as compared to QAR 892 million for the same period in 2018.
Nakilat and its joint ventures celebrated Qatar National Sports Day 2020 by organizing a wide range of outdoor sporting activities for employees and their families. The event was held at the Al Legtaifiya Park in Doha as well as the Laffan Global Village in Ras Laffan Industrial City for the enjoyment of employees at both locations.
Nakilat has been awarded the ‘Sword of Honour’ by British Safety Council for the second consecutive year, a prestigious award for organisations that have reached the pinnacle of excellence in managing the company’s health, safety and environmental risks.