StanChart sets ‘stable credit outlook’ for Qatar on LNG lead:
"Standard Chartered sees a “stable credit outlook” on Qatar, which the bank said is a reflection of the country’s dominant position in the global liquid natural gas (LNG) market.
Buoyed by a strong hydrocarbon sector, Qatar has built up significant external and fiscal cushions, Standard Chartered said in a report.
“While gas-market dynamics are changing, we do not foresee an immediate threat to Qatar’s strong credit metrics, particularly given its very low cost of production. After an era of LNG-led double-digit growth, Qatar is entering a more moderate growth phase that will likely be driven by the non-hydrocarbon sector as it prepares to host the 2022 World Cup,” Standard Chartered said."
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