As the risks faced by Qatar's LNG facilities have been reduced since March, global rating agency Fitch recently removed it from the “negative rating watch list” and expects its LNG exports to return to pre-war levels in the second half of next year. Despite this, the outlook remains “negative” as Qatar's LNG exports are still blocked due to the blockade of the Strait of Hormuz. On the other hand, given the country's continued strong economic performance, Fitch confirmed its credit rating as “AA.” The AA rating is the third highest rating in Fitch's rating system. The investment grade rating means it will be easier for the country to access capital markets and raise capital when it needs to borrow.
Zhitongcaijing · 2d ago
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As the risks faced by Qatar's LNG facilities have been reduced since March, global rating agency Fitch recently removed it from the “negative rating watch list” and expects its LNG exports to return to pre-war levels in the second half of next year. Despite this, the outlook remains “negative” as Qatar's LNG exports are still blocked due to the blockade of the Strait of Hormuz. On the other hand, given the country's continued strong economic performance, Fitch confirmed its credit rating as “AA.” The AA rating is the third highest rating in Fitch's rating system. The investment grade rating means it will be easier for the country to access capital markets and raise capital when it needs to borrow.
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