No 40



Moodys Confirms Ras Laffan LNG Rating Of Baa3

On the same day, Moodys also confirmed the Baa3 rating of the senior secured debentures of Ras Laffan Liquefied Natural Gas Company Ltd. (Ras Laffan) and revised the rating outlook from stable to positive. Moodys attributed the outlook change to the revision of Qatars ratings (see above) and improved expectations for oil prices and growth in the LNG market in Korea. "The outlook for growth of the Korean LNG market...