Standard and Poor’s Reaffirms Nakilat Inc. Credit Rating

August 21, 2016

Qatar Gas Transport Company Limited (Nakilat) announced that, Standard & Poor’s (S&P) rating agency, has reaffirmed Nakilat Inc.’s long-term corporate credit rating as ‘AA-’ with a stable outlook.

In a report published by S&P on 18 August 2016, the rating agency cited Nakilat’s key role in Qatar’s LNG industry, ownership of the world’s largest LNG fleet and solid operating performance as primary drivers behind the rating.

S&P revised Nakilat liquidity profile from adequate to strong. This highlighted Nakilat importance to the Qatari economy and LNG value chain.