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Nakilat AGM approves dividend, reports 2025 profit
Nakilat reports 2025 net profit of US$464M; shareholders to receive a dividend of US$3.96 per share
Nakilat held its annual general meeting in Doha, Qatar on 11 February 2026, chaired by Nakilat board chairman Abdulaziz Jassim Al-Muftah.
The company said the meeting covered its financial results for 2025, when it recorded net profit of QAR1.7Bn, up 3.1% compared with 2024: using the closing exchange rate at 31 December 2025, this equates to US$464M.
The company said shareholders approved the group’s financial statements for the year ended 31 December 2025 and endorsed the board recommendation to distribute a cash dividend of 7.2 Qatari dirhams per share for the second half of 2025, in addition to an interim cash dividend of 7.2 Qatari dirhams per share for the six months ended 30 June 2025, making the total cash dividend distribution for 2025 of 14.4 Qatari dirhams (US$3.96) per share.
Nakilat said the dividends will be distributed in line with the directives of the Qatar Financial Market Authority through Edaa.
Commenting on performance, Nakilat chief executive Abdullah Al-Sulaiti 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, maintaining high fleet efficiency across the fleet.”
He added, “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.”
On operations, the company said it achieved an operational reliability rate of 99.6% and recorded a zero lost time injury (LTI) rate across fleet operations during 2025.
It also reported progress on the construction of 40 next-generation gas carriers at shipyards in South Korea and China, with the first vessel scheduled for delivery by the end of 2026.
The board extended its gratitude to QatarEnergy president, chief executive and Minister of State for Energy Affairs, Saad Sherida Al-Kaabi, and also noted its appreciation for Nakilat’s shareholders, management and employees, as well as the Qatar Stock Exchange and the Qatar Financial Market Authority.
Nakilat said that its fleet now comprises 69 LNG vessels, plus an FSRU and two large LPG carriers, and that it also operates ship repair and fabrication facilities at Erhama Bin Jaber Al Jalahma Shipyard in Ras Laffan Industrial City through its subsidiary Qatar Shipyard Technology Solutions and joint venture Qatar Fabrication Co.
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