Fitch: Gazprom unaffected

Fitch Ratings said the ongoing dispute between Gazprom and Ukrtransgaz, on the terms and conditions of the transfer of Russian gas through Ukraine to European off takers, has had no immediate impact on the ratings of notes issued by Gazprom International SA.

According to the agency, Gazprom has enough cash for the next payment under the notes in February, which ensures a timely payment.

A protracted or regular short-term, interruption of gas deliveries, however, could have a negative impact on the notes issued by the Gazprom International.

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