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Published on 8/15/2019 in the Prospect News Emerging Markets Daily.

Fitch ups Gazprom, Gazprom Neft

Fitch Ratings raised its ratings for PJSC Gazprom and the company’s subsidiary PJSC Gazprom Neft to BBB from BBB-, citing the recent upgrade of Russia’s sovereign.

The Russian government is Gazprom’s controlling shareholder.

The outlooks for the companies are stable.


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