Current OGZPY Stock Info

Gazprom faces obstacles to financing $11 billion project in current market – Fitch Ratings
Russian gas giant Gazprom (ticker: OGZPY) may not have the financial strength to follow through on the construction of its Nord Stream 2 project, according to a report from credit ratings agency Fitch. According to the rating agency, Nord Stream 2 may hurt the company’s commercial and financial performance, reports Natural Gas Europe.

“The original Nord Stream was funded by project finance. We believe raising multi-billion dollar project financing for...

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