Policy & Regulation

Rising prices will ease exporters’ carbon transition – Moody’s

Most national oil and gas exporters will be able to manage the global shift towards a lower reliance on carbon-intensive products, Moody’s has said.
By Staff reporter 5 July 2018 0 31615

Most national oil and gas exporters will be able to manage the global shift towards a lower reliance on carbon-intensive products, although a more ambitious transition will increase credit pressure on some countries, Moody’s said in a report on Tuesday.

Global oil and gas demand and prices are expected to continue to rise – albeit slowly – which will dampen the credit impact of the carbon transition for national exporters, said Steffen Dyck, a vice president and senior credit officer...