Middle East Economic Survey

VOL. XLVIII

No 1

3-January-2005

Moodys Predicts Strong Growth For LNG Industry

Moodys on 14 December, in its latest Industry Outlook report, predicted that the liquefied natural gas (LNG) industry was set for strong growth due to increasing global demand for gas, high energy market prices and falling unit costs of LNG production and delivery. The LNG chain will remain an investment grade business risk despite greater credit variability brought on by the...