Fitch changes RasGas, Nakilat to stable

Fitch Ratings said it revised the outlooks on Ras Laffan Liquefied Natural Gas Co. Ltd. (II) and Ras Laffan Liquefied Natural Gas Co. Ltd. (3) to stable from negative and affirmed the ratings at AA-.

The agency also revised the outlook on Nakilat Inc. to stable from negative and affirmed its ratings at A and A-.

Fitch said the actions follow the June 5 revision of the outlook on Qatar's sovereign rating to stable as RasGas and Nakilat are rated in line with the agency’s government-related entities rating criteria.

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