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Nakilat achieves QAR 1.29 billion net profit for the third quarter of 2026

Doha, Qatar – 20 October 2026: Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its consolidated financial results for the third quarter of 2026 ended 30 September 2026, with a net profit of QAR 1.29 billion compared to QAR 1.31 billion for the corresponding period in 2025.

Eng. Abdullah Al Sulaiti, Nakilat’s Chief Executive Officer, commented: “The ongoing regional situation continued to affect activities within our Marine Services segment, including ship repair, shipping agency and towage services. Despite these operating conditions, Nakilat continued to fulfill its strategic role in supporting Qatar’s energy transportation sector and meeting the needs of its customers. Cost-control initiatives were implemented while maintaining the stability of our core activities and ensuring the highest levels of operational reliability across our fleet. We remain steadfast in our commitment to serving our customers under all circumstances.”

During the period, Nakilat continued to deliver a number of operational and strategic milestones that support its long-term growth objectives. A key milestone was the naming of the Company’s first newbuild 88,000 cubic metre LPG/ammonia carrier, a significant step supporting the Company’s strategy to diversify its fleet and enhance its future operational capabilities.

The Company also made notable progress in its newbuilding program, which comprises a total orderbook of 40 vessels currently under construction at leading shipyards in South Korea and China. During the period, several major construction milestones were completed, reflecting the continued momentum of the program, with deliveries under the first phase progressing in line with the planned schedule from 2026.

As part of Nakilat Group’s contribution to supporting the country’s strategic energy projects, Qatar Fabrication Company (QFAB) and Qatar Shipyard Technology Solutions continued to implement a number of specialized industrial and marine projects that contribute to strengthening national capabilities and developing the local supply chain for the energy sector. These efforts continued within a market environment that remains affected by the ongoing regional situation.

In keeping with its commitment to exemplary investor relations, Nakilat will host a conference call to discuss the financial results for the third quarter of 2026 on Wednesday, October 21, 2026, at 13:30 hours (Doha Time). The conference presentation will be published on the Company’s website prior to the call. For further information on Nakilat’s conference call dial-in details, please visit the Company’s website: www.nakilat.com.