Qatar Energy Company received a strong credit rating from Fitch; The agency raised its rating from AA- to AA, and added that the company's near future is in continuous development, noting the solidity of the company's financial position, its strong government support, and its ambitious expansion strategy.

Qatar Energy has strong liquidity of US$21.2 billion, against total debt of US$15.3 billion, and adheres to best financial practices and is implementing the massive North Field Expansion Project, the largest LNG project under construction in the world. To increase production by 85% to reach 142 million tons annually by 2030.

This upgrade is a testament to Qatar Energy's prestigious position as a leading energy company with strong financial stability and sustainable growth, and emphasizes its commitment to supporting the growth of Qatar's economy and strengthening its position as a major player in the global energy market.