Industry Revenues:

• Liquefied Natural Gas (LNG) Transport: approx. 85%
• Shipbuilding and Repair: approx. 10%
• Other maritime services: approx. 5%

TOP 3 Markets:

1. Asia-Pacific: approx. 40%
2. Middle East: approx. 35%
3. Europe: approx. 15%

Qatar Gas Transport Company Limited (Nakilat) generates the majority of its revenues from the transport of Liquefied Natural Gas (LNG), accounting for approximately 85% of total revenue. This is attributed to the strategic importance of LNG in the global energy market and Nakilat's strong position in this sector.

The key geographical markets for Nakilat are the Asia-Pacific region, the Middle East, and Europe. The Asia-Pacific region is the largest market, with countries like Japan, South Korea, and China being significant importers of LNG. The Middle East, particularly Qatar, is a central market due to production capacities and proximity to major supply routes. Europe also remains a significant market as it diversifies its energy sources and considers LNG as an alternative to other fossil fuels.

Production Sites: Qatar

Qatar Gas Transport Company Limited (Nakilat) is a leading company in the field of liquefied natural gas (LNG) transportation. The main production and operational activities of the company are located in Qatar. Nakilat operates one of the largest LNG fleets in the world and is closely connected to the LNG production facilities in Qatar, which are among the largest globally. The strategic location in Qatar enables Nakilat to efficiently conduct LNG transports to the major global markets.

Fleet Expansion: 74 Ships (2025)
Diversification: Investments in FSRUs and LNG Infrastructure (2025)

Qatar Gas Transport Company Limited (Nakilat) is pursuing a growth strategy aimed at expanding and modernizing its fleet. By 2025, the company plans to expand its fleet to 74 ships to meet the increasing demand for liquefied natural gas (LNG).

In addition, Nakilat is focusing on diversification through investments in floating storage and regasification units (FSRUs) and LNG infrastructure. These investments are intended to increase the company's flexibility and efficiency and unlock new business opportunities in emerging markets.

Through these strategic measures, Nakilat is positioning itself as a leading player in the global LNG transportation market and aims to further increase its market share.

Main Imported Raw Materials: Steel, Aluminum, Technical Equipment

Main Supplier Countries: China, South Korea, Japan

Qatar Gas Transport Company Limited (Nakilat) is deeply rooted in the shipping industry and therefore requires a variety of raw materials and supplies for the construction and maintenance of their ships. Steel and aluminum are crucial for shipbuilding and maintenance. These materials are mainly sourced from China, South Korea, and Japan, as these countries are leading in the production and export of metals and technical equipment.

In addition, Nakilat imports technical equipment and specialized components necessary for the operation and maintenance of their LNG tankers. The choice of these supplier countries is based on their advanced technologies and the quality of materials delivered, which meet the high standards of the shipping industry.

Market Share: 18% in global LNG transport (2025, estimated)
Fleet Size: 74 LNG tankers (2025)
Long-term Contracts: 25 years on average

Qatar Gas Transport Company Limited (Nakilat) holds a significant competitive advantage in the global LNG transport market. With an estimated market share of 18%, the company is one of the largest players in this sector.

The fleet size of 74 LNG tankers enables Nakilat to efficiently transport a large amount of liquefied natural gas. This capacity is supported by long-term charter contracts averaging 25 years, ensuring a stable source of income and high fleet utilization.

In addition, Nakilat benefits from its close connection to QatarEnergy, one of the largest LNG producers globally, providing the company with access to a stable supply and strategic partnerships. These factors combined significantly strengthen Nakilat's market position and offer a sustainable competitive advantage.

Institutional Investor Share: Estimated at around 45% (2025)

Insider Buys/Sells: No significant changes in the last year (2024)

The institutional investor share in Qatar Gas Transport Company Limited (Nakilat) is estimated at around 45%. This figure reflects the confidence of institutional investors in the long-term stability and growth potential of the company.

In 2024, there were no significant insider buys or sells, indicating a stable assessment of the company's value by management and other insiders. This can be seen as a sign that management has confidence in the company's future development.

Market share of Nakilat: Estimated 30% (2025)

Top competitors and their market shares:

1. Mitsui O.S.K. Lines (MOL): Estimated 20%
2. NYK Line: Estimated 15%
3. Teekay LNG Partners: Estimated 10%
4. GasLog Ltd.: Estimated 8%
5. Golar LNG: Estimated 7%
6. BW Gas: Estimated 5%
7. Hoegh LNG: Estimated 5%

Nakilat's Moat:

Nakilat has a significant moat due to its strategic positioning as the largest operator of LNG tankers worldwide. The company benefits from long-term charter contracts and a close connection to Qatar Petroleum, providing it with revenue stability and predictability.

Compared to its competitors, Nakilat has the advantage of a modern and efficient fleet specifically designed for LNG transportation. This allows the company to minimize operating costs while meeting high safety and environmental standards.

Competitors, especially MOL and NYK Line, also hold strong positions in the market, but not on the same scale as Nakilat. While these companies benefit from diversification into other shipping segments, Nakilat's focus on LNG remains a crucial advantage in this specialized market.

In summary, Nakilat has a significant moat supported by its market leadership, strategic partnerships, and specialized fleet. While competitors also have strong positions, Nakilat's specialized approach in the LNG sector provides a clear advantage.

Revenue Growth: 8% (estimated for 2025)
Profit Growth: 6% (estimated for 2025)
Dividend Yield: 4.5% (estimated for 2025)

Qatar Gas Transport Company Limited (Nakilat) is a leading company in the field of liquefied natural gas (LNG) transportation. The company benefits from long-term charter contracts that ensure stable revenues and cash flows. The global demand for LNG remains strong, putting Nakilat in an advantageous position.

The estimated dividend yield of 4.5% is attractive to investors seeking stable returns. Furthermore, the company has been consistently investing in the modernization and expansion of its fleet in recent years, enhancing its competitiveness and efficiency.

In summary, Nakilat could be a good investment for investors interested in stable returns and a solid business model, especially in an environment that continues to be shaped by the demand for LNG.

Dividend Yield: 4.5% (estimated for 2025)
Dividend History: Consistent payouts in recent years

Qatar Gas Transport Company Limited (Nakilat) has regularly distributed dividends to its shareholders in recent years. The dividend yield is estimated to be around 4.5% for 2025, based on current market conditions and the company's dividend policy.

Nakilat is known for its reliable dividend payments, attributed to its stable revenue source from long-term charter contracts. These contracts provide the company with a certain level of security in terms of cash flow and earnings, which in turn supports its ability to pay dividends.

Overall, Nakilat's dividend policy is considered stable and reliable, making it an attractive option for investors seeking regular returns.