National Gas Company reports 37 per cent profit hike

27 October 2011

Oman gas supplier sees rise in profit for first nine months of 2011

Oman’s National Gas Company has reported a rise in net profit of 37 per cent for the first nine months of 2011.

The company, which supplies both liquefied natural gas (LNG), liquefied petroleum gas to customers in Oman and the UAE reported net profits of $1.7m based on revenues of $34.7m.

Revenues for the same period rose by 62.7 per cent.

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