Qatar Gas Transport Company Ltd (Nakilat), a Qatari public shareholding company, announced that it had obtained all the necessary approvals to raise the ceiling for non-Qatari ownership in the company's capital to 100%. The company said in a statement published on the Qatar Stock Exchange (QSE) website on Tuesday that, accordingly, the necessary amendment was made with the Qatar Central Securities Depository Company (QCSD), with immediate effect.
The net profits of Nakilat increased by 6.3% in 2022, to reach QR1.438bn, compared to QR1.353bn in 2021.
Nakilat was established in 2004 with a capital of QR5.540bn.