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Nakilat nine month figures

Nakilat nine month figures

Doha: Qatar Gas Transport Co (Nakilat) has reported net profits of QR39.5m ($11m) for the nine months ending September 30th. Principal component of the profits was interest income from loans as its massive investment programme in LNG carriers to carry Ras Laffan Gas, on its own account or with other shipowning partners, continues. Income from marine and agency services was QR9.25m. Total assets have jumped from QR2.9bn at the end of last year to QR5.97bn as of September 30th. Comparisons with the previous year's figures are moot as the company only started operating in June 2005.(18/10/06)

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