Middle East Economic Survey

VOL. LIII

No 13

29-March-2010

QATAR

Moodys Places Qatari LNG GRIs On Review For Possible Downgrade

Several of Qatars LNG government-related issuers (GRIs), including all three Ras Laffan LNG companies as well as Naqilat, have been placed on review for a possible downgrade by Moodys Investor Services, it announced on 22 March. The ratings agency cited a lack of agreements that would oblige the government to offer support to the GRIs should they become distressed, despite...