Qatar Gas Transport Company (Nakilat), one of the world's largest shippers of liquefied natural gas, reported a 14 per cent rise in fourth-quarter net profit on Thursday.

Nakilat made a profit of QR201.6 million ($55.4 million), up from QR176.5 million a year earlier, according to Reuters calculations based on the company's financial statements.

The firm's 2014 net profit was QR893.6 million, up from QR729 million in 2013, it said.

Nakilat also proposed a 1.2 riyals-per-share cash dividend for 2014. This compares with its 2013 payout of 1.1 riyals-per-share, according to Reuters data.  - Reuters