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Nakilat

Nakilat
Qatar Gas Transport Company.
Public (DOH:QGTC)
Industry Shipping
Founded 2004
Headquarters Doha, Qatar
Key people
HE the Minister for Energy and Industry Mohammed Saleh Al Sada (Chairman)
Abdullah Al Sulaiti (Managing Director)
Services LNG transportation
QAR 176.6 million
Total assets QAR 31.7 billion
Website www.nakilat.com.qa

Nakilat (Qatar Gas Transport Company) is a Qatari marine company providing the essential transportation link in the State of Qatar’s LNG supply chain. Its LNG shipping fleet is the largest in the world, growing to 61 LNG vessels in 2015. In addition Nakilat manages and operates four very large LPG carriers, which Nakilat jointly owns with Milaha.

Via two strategic joint ventures – Nakilat-Keppel Offshore & Marine (N-KOM) and Nakilat Damen Shipyards Qatar (NDSQ) – Nakilat operates the ship repair and construction facilities at Erhama Bin Jaber Al Jalahma Shipyard in the State of Qatar’s Port of Ras Laffan.

Nakilat also provides port agency services through Nakilat Agency Company (NAC) for the Ports of Ras Laffan and Mesaieed and warehousing for vessels in Qatari waters via Nakilat’s Vessel Support Unit (VSU). Joint venture Nakilat- SvitzerWijsmuller (NSW) offers marine support services at the Port of Ras Laffan and at the State of Qatar’s offshore activity around Halul Island.

Nakilat was established in 2004. In 2005, the company's first two LNG vessels were delivered, and Nakilat shares were floated on the Qatar Exchange. Nakilat Agency Company (NAC) Ltd. was formed, with Nakilat owning 95% of the shares, to serve the agency needs for the Port of Ras Laffan.

In 2006, two more LNG vessels were delivered to Nakilat. Nakilat was awarded 25-year time charters by Qatargas 2 and Qatargas 3 for six Q-Max vessels and 10 large LNG carriers. Construction began on the Shipyard in Ras Laffan. Nakilat's towage joint venture with Svitzer was incorporated. Nakilat-Svitzer joint venture was awarded 22-year service contract by Qatar Petroleum for the Port of Ras Laffan. Nakilat was also awarded an additional Q-Max vessel by RasGas 3 charterer. Nakilat formed a strategic alliance with Shell Trading and Shipping Company Limited (STASCO) for the management of 25 wholly owned LNG carriers

In 2007, eight LNG vessels delivered to Nakilat. The company was awarded 25-year time charter by Qatargas 4 for eight large LNG carriers. The steel cutting took place for Nakilat's first Q-Max, and Nakilat took delivery of its first Q-Flex, Al Gattara. This was the first Q-Flex vessel at Ras Laffan carrying Qatargas cargo. In 2008, 21 LNG vessels delivered to Nakilat, including the delivery of the first Q-Max, Mozah. The company's joint venture Nakilat-Keppel Offshore & Marine (N-KOM) incorporated


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