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S&P preparing Azerbaijani energy operator’s ratings

Oil&Gas Materials 29 January 2018 13:00 (UTC +04:00)
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
S&P preparing Azerbaijani energy operator’s ratings

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.”

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