News

19 November 2021

ACRA Agency Reaffirmed Gazprom Export Credit Rating as AAA (RU)

The Russian Analytical Credit Rating Agency (ACRA) reaffirmed today the AAA (RU) rating of Gazprom Export LLC, outlook Stable.

The agency noted that Gazprom Export is the only export channel for natural gas sales for PJSC Gazprom and its subsidiaries. Gazprom Export also owns a network of foreign sales companies and holds equity shares in UGS in Europe.

AAA (RU) rating means that the rated entity has the highest credit rating under the national scale of the Russian Federation. The Stable outlook means that within 1 to 1.5 years the rating will stay unchanged.

Background

The first credit rating of Gazprom Export LLC was published by ACRA on November, 2018. Since then, it has been steadily reaffirmed at the highest level AAA (RU) with Stable outlook.

ACRA was established in 2015. Its shareholders are 27 major Russian companies and financial institutions. Its share capital totals over RUB 3 billion.
 

 

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