Baku, Azerbaijan, Jan. 29
By Maksim Tsurkov - Trend:
Standard & Poor’s Global Ratings agency (S&P) is reviewing the Azerbaijani government’s strategy with respect to Azerenerji JSC (Azerbaijani energy operator) as well as the company’s performance and plans, the S&P said in a message Jan. 29.
The agency noted that its ratings and outlook on the Azerenerji JSC (BB/Negative/B) are not immediately affected by its rating action on the Republic of Azerbaijan.
“Earlier today, we revised our outlook on Azerbaijan to stable from negative and affirmed the 'BB+/B' ratings,” the message said. “Our aim is to provide a further update within the next month.”