Qatar removed from Fitch’s negative watch list as risks to LNG sites ease
- The global ratings agency has also maintained the country’s sovereign rating at AA.
- Fitch Ratings has removed Qatar from “Rating Watch Negative” while maintaining its sovereign rating at AA amid the US-Israel war on Iran and the Strait of Hormuz blockade.
- The global ratings agency announced the decision on Friday, citing reduced risks to the country’s liquefied natural gas (LNG) facilities since March.
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- The global ratings agency has also maintained the country’s sovereign rating at AA.
- Fitch Ratings has removed Qatar from “Rating Watch Negative” while maintaining its sovereign rating at AA amid the US-Israel war on Iran and the Strait of Hormuz blockade.
- The global ratings agency announced the decision on Friday, citing reduced risks to the country’s liquefied natural gas (LNG) facilities since March.
Sources: Al Jazeera