News

21 November 2019

Gazprom Export LLC Has Been Assigned AAA(RU) Credit Rating by ACRA, Outlook Stable

Analytical Credit Rating Agency (ACRA) affirmed the AAA (RU) rating to Gazprom Export LLC, outlook Stable.

The expert assessment confirms Gazprom Export’s financial stability and its important role in natural gas supply outside of Russia. The Stable outlook means that ACRA, following its methods, assumes Gazprom Export rating will stay unchanged within the 12 to 18-month horizon with most likeliness. This credit rating affirmation is in particular important for trading business development of the company.

 

Background

The credit rating assigned to LLC Gazprom Export was published by ACRA for the first time on November 21, 2018. The credit rating has been assigned under the national scale for the Russian Federation.

The Analytical Credit Rating Agency (ACRA) was established in 2015. The list of its shareholders includes 27 major Russian companies and financial institutions. Its share capital totals over RUB 3 billion. The Agency’s main objective is to provide the Russian market with a high-quality rating product. ACRA’s methodologies and internal regulation are being developed pursuant to Russian legislation and in line with international best practice in rating activities.

 

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