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Qatar's upgraded Nakilat provides case study for credit analysis of LNG shipping projects

Written by 
Friday, 25 May 2007 17:15
Karim Nassif, London, and Terry A Pratt, New York

The first public rating by US credit agency Standard & Poor’s of a liquefied natural gas shipping entity was recently accorded to Qatar-based Nakilat Inc.

The rating on Nakilat, a wholly owned subsidiary of Qatar Gas Transport Co. Ltd., was raised following the upgrade of the State of Qatar. Nakilat was rated “A+'”with a stable outlook.
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