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Moody's downgrades Ras Laffan, confirms Oman LNG. (Banking & Finance).

Publication: Meed Middle East Economic Digest
Publication Date: 14-FEB-03
Format: Online
Delivery: Immediate Online Access

Article Excerpt
* Regional

US credit rating agency Moody's Investors Service on 10 February has issued two notes on GCC liquefied natural gas (LNG) projects. The debt rating on Ras Laffan Liquefied Natural Gas Company (RasGas) was lowered to Baa3 from Baa2, while the A3 debt rating for Oman LNG was reaffirmed.

Commenting on the RasGas downgrade,...

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