Posted by OilVoice Press - OilVoice
Analytical Credit Rating Agency (ACRA) assigned to Gazprom Export LLC the highest creditworthiness rating AAA(RU) under the national scale for the Russian Federation with the Stable outlook. The company has been assigned a credit rating for the first time.
The expert assessment by ACRA reflects the strategic importance of Gazprom Export LLC to PJSC Gazprom as the centralized single export channel beyond the borders of the Russian Federation for commodities produced by Gazprom Group. The assessment is a proof of the confidence of one of the leading Russian export agencies in the stability of Gazprom Group's work in the future.
The rating proves the high financial capability and ability to meet payments of Gazprom Export LLC and confirms the image of Gazprom Export as a reliable partner and supplier that timely meets all the taken commitments.
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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