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Tag: Fitch Ratings

Fitch Ratings cuts oil, gas price assumptions on coronavirus, price war

Fitch Ratings has cut its short- and medium-term oil and natural gas price assumptions in expectation of very large market oversupply in 2020, Trend reports citing Fitch…

Fitch Affirms Azerbaijan’s Southern Gas Corridor CJSC’s Notes at ‘BB+’

Fitch Ratings has affirmed Southern Gas Corridor CJSC’s (SGC) senior unsecured Eurobonds’ long-term foreign currency rating at ‘BB+’. The affirmation reflects Fitch’s unchanged view on…

Volume of gas production in Azerbaijan to double – Fitch

Beginning of gas production from the Shah Deniz 2 project will allow Azerbaijan to diversify its own energy resources. The head of Fitch Ratings on…

SOCAR names sum required to complete Southern Gas Corridor

Fitch Ratings has affirmed Azerbaijan’s state oil company SOCAR long-term Issuer Default Rating (IDR) at ‘BB+’, short-term IDR at ‘B’ and senior unsecured rating at…

Azerbaijan’s Power Engineers Have Negative Long-term Forecast

Azerenergy OJSC (state monopolist for electricity production in Azerbaijan) expects the maintenance of stable electricity and gas tariffs in the short term, according to the…

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