Moody’s and Fitch ratings mark major milestone for Azerbaijan’s energy sector

The significance of the Baseline Credit Assessment being among the highest in the CIS region cannot be overstated because it reflects the internal strength of the company’s asset base. While many state-backed entities in emerging markets are viewed as extensions of their national treasuries, the Southern Gas Corridor has demonstrated that its project architecture, spanning from the depths of the Caspian Sea to the heart of Europe, is economically sound even on a standalone basis.

Original source: Azernews