Qatar Gas Transport Company, also known as Nakilat, reported a 3% decline in net profit for the 2016 fiscal year. It also lowered its dividend about 19% from the year-earlier level.

In a disclosue to the Qatar Stock Exchange, Nakilat reported full-year net profit of 954.2m Qatari riyals ($262m) compared to full-year 2015 net income of 982.3m riyals. Earnings per share for the year were 1.72