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Published on 4/22/2024 in the Prospect News Emerging Markets Daily.

Fitch ups QELNG S(2), QELNG S(3) bonds to AA

Fitch Ratings said it upgraded QatarEnergy LNG S(2) and QatarEnergy LNG S(3)'s (QELNG S(2) & QELNG S(3), or the project, formerly Ras Laffan Liquefied Natural Gas Co. Ltd. (II) & Ras Laffan Liquefied Natural Gas Co. Ltd. (3)) senior secured bonds to AA from AA-.

The outlook is stable.

The upgrade follows a similar action on Qatar's issuer default rating to AA, also with a stable outlook.


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