Long-term credit is not profitable for Gazprom
Edited by Rhod Mackenzie / 2015-01-30 07:49:48
Gazprom is to pay out 174.3 billion roubles to creditors in 2015. It goes from the report of the monopoly under IAS for Q3, 2014. The debt is not so great, but the company almost lost chances to attract long-term loans for its strategic projects such as “Sila Sibiri” and “Turkish Stream” because of geopolitical environment.
In Q4, 2014 Gazprom attracted a number of loans with a redemption term in 2015.
