Qatar Removed from Fitch's Negative Watch List as Risks to LNG Sites Ease Fitch Ratings' decision to remove Qatar from its "Rating Watch Negative" list has been met with a mix of relief and skepticism within the liquefied natural gas (LNG) industry.
On the surface, it appears that the global ratings agency is acknowledging a reduction in risks to LNG sites in Qatar.
However, upon closer examination, this move seems more like a cautious nod to the ongoing tensions in the Strait of Hormuz rather than a genuine signal of improved creditworthiness.