Companies & Finance

Gazprom unhindered by Naftogaz’s attempt to freeze assets – CFO

Naftogaz Ukrainy’s attempt to freeze Gazprom’s foreign assets is not hindering the Russian gas giant from raising capital on global markets a Gazprom executive has said.
By Staff reporter 28 November 2018 0 33478

Naftogaz Ukrainy’s attempt to freeze Gazprom’s foreign assets is not hindering the Russian gas giant from raising capital on global markets, and the company is not resorting to any special mechanisms to hedge this risk, a Gazprom executive has said.

Speaking on the sidelines of VTB Capital’s ‘Russia Calling’ forum, Alexander Ivannikov, Gazprom’s chief financial officer, pointed to the Russian major’s recent placement of €1 billion ($1.1 billion) in eurobonds.

“The deal was transacted. Nothing was frozen […] there are several...