Sun 26 Sep 2010 07:52 AM
Mohammad Ghanam
2

Mohammad Ghanam

Industry: Energy

Designation: Qatar Gas Transport Company, known as Nakilat, booked a 41 percent rise in profits in H1 this year compared to last.

Country: Qatar

Occupation: Qatar Gas Transport Company, known as Nakilat, booked a 41 percent rise in profits in H1 this year compared to last.

$696,923

Qatar Gas Transport Company

Qatar

Qatar Gas Transport Company, known as Nakilat, booked a 41 percent rise in profits in H1 this year compared to last. It raked in just under $91m, which means that each of its 130 employees earned the company a tremendous $696,923. But should we be surprised? After all Nakilat, which means ‘carriers' in Arabic, forms an integral link in the LNG supply chain for the state of Qatar. It brings LNG produced from Qatar's North Field, the world's largest non-associated gas field with approximately 15 percent of the world's proven reserves, to global markets. GM Mohammad Ghanam is on to a winner here, and as the company's fleet of shipping vessels grows ever larger, so profits are likely to soar too.