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2019-02-11 10:20:00

RUSSIA'S RATING BAA3

RUSSIA'S RATING BAA3

REUTERSGlobal ratings agency Moody's Investor Service raised Russia's rating to investment grade on Friday, saying the policies enacted in recent years will strengthen the country's already robust public finances.

Moody's also said there is a reasonably high likelihood that the United States could impose further sanctions on Russia in the coming months, but added that Russia's ability to withstand the impact has improved since the downgrade in 2015.

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Tags: RUSSIA, RATING, SANCTIONS, MOODY'S
Chronicle:
RUSSIA'S RATING BAA3
2019, April, 26, 11:05:00
GLOBAL LNG INVESTMENT $200 BLN
World capital expenditure for both LNG plant and upstream infrastructure will total more than $200bn between 2019 and 2025.
RUSSIA'S RATING BAA3
2019, April, 26, 11:00:00
VENEZUELA'S OIL PRODUCTION 840 TBD
In March 2019, Venezuela's crude oil production (excluding condensate) averaged 840,000 barrels per day (b/d), down from 1.1 million b/d in February,
RUSSIA'S RATING BAA3
2019, April, 26, 10:55:00
NORD STREAM 2 SUCCESS
The meeting participants stressed the success of the operating Nord Stream gas pipeline and the great importance of the under-construction Nord Stream 2 gas pipeline for the energy security of Europe and Germany in particular.
RUSSIA'S RATING BAA3
2019, April, 26, 10:50:00
POWER OF SIBERIA SCHEDULE
The meeting participants reviewed the development prospects of the Chinese gas market and the strategic aspects of cooperation between Gazprom and CNPC, paying particular attention to gas supplies. It was noted that the preparation of facilities for Russian gas exports to China via the Power of Siberia gas pipeline from December 1, 2019, is going according to schedule.
RUSSIA'S RATING BAA3
2019, April, 26, 10:45:00
NOVATEK'S PROFIT UP 8.9 TIMES
Profit attributable to shareholders of PAO NOVATEK increased to RR 381.8 billion (RR 126.74 per share), or 8.9 times, as compared to the corresponding period in 2018.
RUSSIA'S RATING BAA3
2019, April, 26, 10:40:00
NOVATEK'S LNG UP
PAO NOVATEK (“NOVATEK” and/or the “Company”) announced that its joint venture with Gazprombank Cryogas-Vysotsk has commenced full-scale production of liquefied natural gas (LNG). During the official ceremony at the port of Vysotsk, Russian President Vladimir Putin has formally started the Cryogas-Vysotsk LNG project.
RUSSIA'S RATING BAA3
2019, April, 26, 10:35:00
NOVATEK, CHINA'S CNOOC AGREEMENT
PAO NOVATEK (“NOVATEK”) announced today at the Second Belt and Road Forum for International Cooperation that China National Oil and Gas Exploration and Development Company Ltd (“CNODC”), a wholly owned subsidiary of China National Petroleum Corporation (“CNPC”), has signed a binding agreement to enter the Arctic LNG 2 project.
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