QATAR

 

RasGas Successfully Navigating US Gas Market Weakness, Says Fitch

Qatari LNG companies RasGas 2 and RasGas 3 are successfully navigating the weakness in the US gas market, commented Fitch Ratings on 10 July. Fitch made the comments as it affirmed the RasGas 2/3 bond ratings at A+ (stable outlook) in one of its regular reviews. The US was originally the destination for about 25% of RasGas’s LNG volumes, but prices there plummeted after the US...