Moody’s Ratings says QatarEnergy’s credit quality remains resilient despite shipping disruption and damage to some production assets

Moody’s Ratings (Moody’s) says QatarEnergy’s (Aa2 stable) credit quality remains resilient despite the effective closure of the Strait of Hormuz and damage to some production assets from missile strikes on 18-19 March. QatarEnergy’s Aa2 long-term issuer ratings and aa2 Baseline Credit Assessment (BCA) are supported by the very close interlinkage between QatarEnergy and the Government of Qatar (Aa2 stable), a very strong low-cost operating profile, a robust balance sheet and a large cash buffer.