AUSTRALIA

Oz gas projects face poor credit outlook

UPSTREAM projects in the Australian oil and gas sector are likely to face increased delays and upward cost pressures this year as more projects are committed to, Fitch Ratings says.

The credit agency expects the credit metrics of exploration and production companies to deteriorate this year due to higher debt-funded capital expenditures, which could also increase borrowing costs....

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

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