The Treasurer Gazprom explained the advantage of settlements in the national currency
The settlements in the national currency became " the trend today for most Russian organizations, said financial Director Andrei Kruglov.
according to him, the Russian ruble in working with partners more profitable for Gazprom because capital expenditure organization in the majority in rubles, reports a news Agency. Kruglov also reminded that the overwhelming number of buyers Gazprom Eurobonds, which were placed at the end of last year, were investors from the U.S. and Europe." Our EBITDA results of the 3rd quarter amounted to 13 billion I think that fourth quarter results will be positive. Without a doubt, will affect the reduction of debt of Ukraine ", - said Kruglov, RIA " Novosti ". He said that the positive financial results of the Company will show, in spite of adverse external factors." This reduced demand for gas from Western counterparts, without a doubt, the sanctions of the case affect our activities, " He added." I recently met with the authorized U.S. investors - the largest investment Fund, which holds a large package of our bonds. Was Frank conversation, I asked how the reduction of the rating will affect their attitude toward the organization, " He said." The response was such that we invest and work with Gazprom for more than ten years, at the initial stage, we paid attention to the ratings, but now the level of analysis of the organization, the level of confidence that No one is going bonds to sell, " said Kruglov." You, certainly, a lot of times heard that all those partners with whom we collaborate and Total and GAZ de Franz and Wintershall - No one questioned the reliability of our organization and all the leaders of these organizations have expressed confidence in the prospects and indispensability in long-term gas supplies from Russia, " said Kruglov. According to him, Gazprom is ready to implement all your plans even when the price of petroleum products in 30 to 40 dollars per barrel.
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