VOL. XLII

No. 23

7-June-1999

QATAR

Moody痴 Confirms Baa3 Rating For Ras Laffan LNG And RevisesOutlook To Stable

Moody痴 Investors Service has confirmed the Baa3 rating forthe senior unsecured debt debentures of Qatar痴 Ras Laffan Liquefied NaturalGas Company (Ras Gas) and revised the rating outlook to stable from negative."The revision of the rating outlook reflects improved expectations for oilprices and for medium-term growth in the LNG market in Korea," Moody痴said in a statement.

The ratings...