Fitch affirms Western Gas

Fitch Ratings said it affirmed its BBB- issuer default rating and senior unsecured rating on Western Gas Partners, LP.

The outlook is negative.

The agency said the ratings on Western Gas Partners reflect its conservative financial profile, which is supported by fee-based and fixed-priced contracts that limit commodity price exposure, as well as the strong credit linkage with its sponsor and general partner, Anadarko Petroleum Corp.

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