Clearer waters for ratings
Despite a credit ratings crisis in the energy markets, the prognosis for natural gas companies looks stable, finds Shifa Rahman
Amid the chaos surrounding their counterparts in power markets, natural gas companies have finally reached a period of stability. At least, that is the view of credit rating agency Moody’s in its September 2002 report Leveraged Finance Industry Updates: Oil and Gas. Moody’s highlights that exploration, production and transmission companies are reaping rewards from high oil and natural
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