BRIEF-Fitch Places QatarEnergy's 'Aa' Rating On Rating Watch Negative
BY Reuters | CORPORATE | 11:59 AM EDTApril 2 (Reuters) - Fitch:
* FITCH PLACES QATARENERGY'S 'AA' RATING ON RATING WATCH NEGATIVE
* FITCH ON QATARENERGY: EXPECT QE CAN STILL MANAGE DAMAGE INCURRED IN SCENARIO OF TWO-MONTH CLOSURE OF STRAIT OF HORMUZ
* FITCH ON QATARENERGY: CO'S CREDIT PROFILE REMAINS BOLSTERED BY ITS VERY PRUDENT FINANCIAL PROFILE AND STRONG LIQUIDITY
* FITCH ON QATARENERGY: BELIEVE QE WILL BE ABLE TO REDUCE DIVIDENDS TEMPORARILY IN 2026
* FITCH ON QATARENERGY: EXPECTATION OF VERY STRONG CASH FLOW ONCE STRAIT OF HORMUZ RE-OPENS, AND AN OTHERWISE VERY STRONG BUSINESS PROFILE
* FITCH ON QATARENERGY: ASSUME REPAIRS TO BRING CAPACITY BACK ONLINE AFTER LNG PRODUCTION SHUT DOWN DUE TO IRAN WAR MAY TAKE UP TO SEVERAL YEARS
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