Gazprom Neft has found sources to refinance its debt in 2015
Edited by Rhod Mackenzie / 2014-11-13 07:11:32
The volume of debt refinancing of Gazprom Neft, that is under Western sanctions, for 2015 is 30 bln roubles. But a part of it has already been covered by means of tranches from Sberbank and Rosselkhozbank, deputy CEO for Economy and Finance of Gazprom Neft, A. Yankevich, said.
Gazprom Neft is among the other oil and gas companies of Russia which was included in the list of sanctions of the West. In particular, the EU limited the access to its capital markets.
“I can only say that our debt refinancing volume for 2015 is about 30 bln roubles. This volume is fully covered by means of the first tranches by credit lines which were signed with Sberbank and Rosselkhozbank”, Mr. Yankevich said.
