The Peninsula reported that Qatar Gas Transport Company posted a 147% rise in net profit of for the half of the year to USD 64 million compared with USD 26 million in the same period a year earlier.
Nakilat's share of profit from its JV rose by over 99% to reach USD 22 million in the first 6 months of 2009 against USD 11.04 million in the H1 of 2008.
The LNG shipper attributed the increase in profit to the its wholly owned vessels however, income from marine and agency services dropped by 8% to USD 3.9 million in the first 6 months of 2009 from a year earlier due to lower activities at Ras Laffan Port during the H1 of 2009.
The company said that profit from Islamic banks dropped by nearly 9% to USD 10.59 million in the H1 of the year from USD 11.67 million in the same period a year ago.
