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Maritimes and Northeast's Rating Declines

Moody’s Investors Service has assigned a negative rating outlook for Maritimes and Northeast Pipeline, according to Friday’s Platts LNG Daily. The downgrade from stable to negative is attributed largely to a pipeline expansion agreement that would allow
August 6, 2006

Moody’s Investors Service has assigned a negative rating outlook for Maritimes and Northeast Pipeline, according to Friday’s Platts LNG Daily. The downgrade from stable to negative is attributed largely to a pipeline expansion agreement that would allow Repsol to secure as much as 88 percent of the pipeline’s capacity for the transport of natural gas from its Canaport LNG terminal. [Subscription required]

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