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Gazprom Export credit rating has been affirmed by ACRA at AAA(RU) level

Gazprom Export credit rating has been affirmed by ACRA at AAA(RU) level

Moscow, November 24 - Neftegaz.RU. Analytical Credit Rating Agency (ACRA) has again reaffirmed the AAA (RU) rating to Gazprom Export LLC, outlook Stable. This high level is confirmed for the third time already since the rating has been assigned to the company in 2018.

The assessment confirms the company’s financial stability and its important role in Gazprom’s natural gas export supplies. The credit rating affirmation contributes, in particular, to the successful trading business development of the company.

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.

The credit rating assigned to 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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