Erdogan cancels visit to Kazakhstan due to Istanbul terrorist attack - newspaperWorld December 11, 11:15
The deal of buying Rosneft's 19.5% stock is outside sanctions - sourceBusiness & Economy December 11, 11:12
Syrian military supported by the Russian aircraft repel IS attacks near PalmyraWorld December 11, 11:10
Five people die in fire in Tatarstan-emergencies ministrySociety & Culture December 11, 11:04
Turkey declares one day of national mourning over Istanbul terrorist attackWorld December 11, 7:10
Turkish authorities impose media ban on coverage of Istanbul explosionWorld December 11, 3:01
Erdogan says Istanbul terrorist attack causes fatalitiesWorld December 11, 2:52
Istanbul explosions leave 15 dead, 69 wounded — TV channelWorld December 11, 2:38
Three settlements in Syria join cessation of hostilities — Russia’s Defense MinistryWorld December 11, 2:34
MOSCOW, December 26. /TASS/. Gazprom expects no serious impact of sanctions on financial results, Gazprom Chief Financial Officer and Deputy CEO Andrey Kruglov said on Friday.
Kruglov said Gazprom’s cash balances exceed $20 billion.
“Gazprom’s total debt and debt ratios historically stay at comfortable levels for the corporation while its cash balances of over $20 billion reduce its net debt level,” he said.
He also said Gazprom considers issuing bonds in offshore yuans in Hong Kong. Kruglov noted that Chinese commercial banks may syndicate loans for Gazprom’s corporate purposes.
Moody's on Tuesday issued a press release downgradeing Gazprom's foreign currency rating to Baa2 from Baa1, with negative outlook.