LNG shipping giant Nakilat sees bright future despite “volatile” market conditions

By LNG World News Image courtesy of NakilatQatar’s Nakilat, the world’s largest liquefied natural gas (LNG) shipper, held its annual general meeting on Sunday in Doha to review last year’s results. The LNG shipping giant sees a bright future for the industry despite the current economic challenges, low oil and gas prices and overcapacity in the shipping industry.
Nakilat’s (Qatar Gas Transport Company) current fleet stands at 63 wholly- and jointly-owned LNG carriers including 18 conventional-sized vessels. In addition, the Qatari-owned shipping company manages and operates four very large LPG carriers, which Nakilat jointly owns with Milaha (that has a 30 percent stake in Nakilat).

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