Ratings

Dagong

www.dagongcredit.com

Date	Rating	Description
October 30, 2018	ААА (outlook: stable)	Dagong Affirms Gazprom at 'AAA' (PDF, 134.4 KB)

Date

Rating

Description

October 30, 2018

ААА (outlook: stable)

Dagong Affirms Gazprom at 'AAA' (PDF, 134.4 KB)

All news items Hide news items

April 21, 2016	ААА (outlook: stable)	Dagong Affirms Gazprom at 'AAA' (PDF, 195.7 KB)
February 2, 2015	ААА (outlook: stable)	Dagong assigned 'ААА' highest quality rating to Gazprom (PDF, 3.1 MB)

April 21, 2016

ААА (outlook: stable)

Dagong Affirms Gazprom at 'AAA' (PDF, 195.7 KB)

February 2, 2015

ААА (outlook: stable)

Dagong assigned 'ААА' highest quality rating to Gazprom (PDF, 3.1 MB)

Standard & Poor's

www.standardandpoors.com

Date	Rating	Description
February 27, 2018	BBB- (outlook: stable)	Standard & Poor's raises Gazprom’s rating to investment grade BBB- (PDF, 294.5 KB)

Date

Rating

Description

February 27, 2018

BBB- (outlook: stable)

Standard & Poor's raises Gazprom’s rating to investment grade BBB- (PDF, 294.5 KB)

All news items Hide news items

June 21, 2017	BB+ (outlook: positive)	Gazprom Long-Term Rating Affirmed At 'BB+'; Outlook positive (PDF, 286.7 KB)
March 21, 2017	BB+ (outlook: positive)	Gazprom Long-Term Rating Affirmed At 'BB+'; Outlook positive (PDF, 293.5 KB)
September 20, 2016	BB+ (outlook: stable)	Gazprom Long-Term Rating Affirmed At 'BB+'; Outlook stable (PDF, 302.5 KB)
July 26, 2016	BB+ (outlook: negative)	Gazprom Long-Term Rating Affirmed At 'BB+'; Outlook Negative (PDF, 283.8 KB)
July 24, 2015	BB+ (outlook: negative)	Russian Gas Giant Gazprom OAO Affirmed At 'BB+/B'; Outlook Negative (PDF, 273.3 KB)
January 26, 2015	BB+ (outlook: negative)	Outlook changed from BBB- to BB+ (PDF, 298.5 KB)
April 28, 2014	BBB- (outlook: negative)	Outlook changed from “stable” to “negative” (PDF, 270.7 KB)
August 18, 2010	BBB (outlook: stable)	Outlook changed from “negative” to “stable” (PDF, 390 KB)
October 24, 2008	BBB (outlook: negative)	Gas Giant Gazprom Outlook Revised To Negative After Same Action On Russia; Affirmed At BBB (PDF, 21.7 KB)
November 29, 2006	BBB (outlook: stable)	Russian Gas Company OAO Gazprom Lifted To BBB On State Influence; Off Watch; Outlook Stable (PDF, 28.7 KB)
October 13, 2006	BBB− (outlook: stable)	Gazprom Rating Raised To BBB− Outlook Stable (PDF, 24.3 KB)
January 16, 2006	BB+	OAO Gazprom L-T Rating Raised To BB+ On Increasing Government Support; Outlook Positive (PDF, 21.7 KB)
October 13, 2005	BB	Gazprom To BB On Expected Strong 2005 Performance And Government Support; Outlook Positive (PDF, 21.5 KB)
July 12, 2005	BB− (outlook: positive)	Gazprom Outlook Revised To Positive As Government Strengthens Control; BB− Rating Affirmed (PDF, 21.4 KB)
May 18, 2005	BB− (outlook: developing)	Gazprom BB− Rating Off Watch Dev And Affirmed On Rosneft Merger Cancellation; Outlook Stable (PDF, 21.6 KB)
November 30, 2004	BB−	Gazprom BB− CCR on Watch Developing Following Bid for Yukos Production Subsidiary (PDF, 20.7 KB)
September 15, 2004	BB− (outlook: developing)	Standard & Poor's Ratings Services revised its outlook on Russia-based gas company OAO Gazprom (Gazprom) to developing from stable (PDF, 26.2 KB)
November 24, 2003	BB− (outlook: stable)	Standard & Poor's Ratings Services raised its corporate credit rating on Russian gas company OAO Gazprom (Gazprom) to BB− from B+ (PDF, 26.1 KB)
December 6, 2002	B+ (outlook: positive)	Standard & Poor's Ratings Services revised its outlook to positive from stable on Russian gas giant OAO Gazprom (PDF, 25.9 KB)
December 20, 2001	B+ (outlook: stable)	Rating on Russian Gas Giant OAO Gazprom Raised to B+ After Russia Upgrade; Outlook Stable (PDF, 14.8 KB)
November 26, 2001	B (outlook: positive)	Russian Gas Giant OAO Gazprom Assigned B Long-Term Corporate Credit Rating; Outlook Positive (PDF, 18 KB)

Fitch Ratings

www.fitchratings.com

Date	Rating
August 15, 2019	BBB (outlook: stable)	Fitch Upgrades Gazprom and Gazprom Neft to 'BBB' on Sovereign Upgrade (PDF, 139 KB) The assessments and forecasts provided in this report represent solely the views of Fitch Ratings and not necessarily the views of Gazprom.

Date

Rating

August 15, 2019

BBB (outlook: stable)

Fitch Upgrades Gazprom and Gazprom Neft to 'BBB' on Sovereign Upgrade (PDF, 139 KB)

The assessments and forecasts provided in this report represent solely the views of Fitch Ratings and not necessarily the views of Gazprom.

All news items Hide news items

Date	Rating
September 25, 2018	BBB- (outlook: positive)	Fitch Affirms Gazprom at 'BBB-'; Outlook Positive (PDF, 112.3 KB)
September 28, 2017	BBB- (outlook: positive)	Outlook changed from “stable” to “positive” (PDF, 112.2 KB)
October 20, 2016	BBB- (outlook: stable)	Outlook changed from "negative" to "stable" (PDF, 3.3 MB)
August 17, 2016	BBB- (outlook: negative)	Fitch Affirms Gazprom at 'BBB-'; Outlook Negative (PDF, 51.4 KB)
August 24, 2015	BBB- (outlook: negative)	Fitch Affirms Gazprom at 'BBB-'; Outlook Negative (PDF, 24.9 KB)
January 13, 2015	BBB- (outlook: negative)	Long-term credit rating downgraded from BBB to BBB- (PDF, 35.2 KB)
October 20, 2014	BBB (outlook: negative)	Fitch Affirms Gazprom at 'BBB'; Outlook Negative (PDF, 30.6 KB)
March 26, 2014	BBB (outlook: negative)	Gazprom’s ratings to be revised (PDF, 119.4 KB)
August 1, 2012	BBB (outlook: stable)	Fitch Affirms Gazprom at 'BBB'; Outlook Stable (PDF, 32.8 KB)
July 9, 2012	BBB (outlook: stable)	Fitch Assigns Gazprom's LPNs 'BBB(EXP)' Expected Rating (PDF, 29.7 KB)
January 17, 2012	BBB (outlook: stable)	Fitch Revises 3 Russian Corporates' Outlooks to Stable on Sovereign Action (PDF, 23.3 KB)
November 25, 2011	BBB (outlook: positive)	Fitch Assigns Gazprom's Domestic Notes Final 'BBB' Rating (PDF, 11.3 KB)
November 23, 2011	BBB (outlook: positive)	Fitch Assigns Gazprom's LPNs Final 'BBB' Rating (PDF, 11.2 KB)
November 14, 2011	BBB (outlook: positive)	Fitch Assigns Gazprom's LPNs Expected 'BBB(EXP)' Rating (PDF, 8.6 KB)
November 3, 2011	BBB (outlook: stable)	Fitch Assigns Gazprom's Domestic Notes Expected 'BBB(EXP)' Rating (PDF, 289.3 KB)
August 2, 2011	BBB (outlook: positive)	Fitch Revises Gazprom's Outlook to Positive; Affirms at 'BBB' (PDF, 640 KB)
December 23, 2010	BBB (outlook: stable)	Fitch Assigns Gazprom's LPNs Final 'BBB' Rating (PDF, 8.2 KB)
November 15, 2010	BBB (outlook: stable)	Fitch Assigns Gazprom's LPNs Expected 'BBB' Rating (PDF, 8.4 KB)
August 2, 2010	BBB (outlook: stable)	Long-term credit ratings maintained at BBB (PDF, 11 KB)
January 22, 2010	BBB (outlook: stable)	Outlook changed from "negative" to "stable" (PDF, 15.8 KB)
January 22, 2010	BBB (outlook: stable)	Fitch Takes Rating Actions on 6 Russian Corporates on Sovereign Outlook Revision (PDF, 638.1 KB)
September 30, 2009	BBB (outlook: negative)	Fitch Affirms OAO Gazprom at 'BBB'; Outlook Negative (PDF, 492.3 KB)
September 8, 2009	BBB (outlook: negative)	Fitch Affirms Gazprom Short-term IDR 'F3' (PDF, 417.5 KB)
August 3, 2009	BBB (final rating)	Fitch Assigns Gazprom's USD1.25bn and EUR850m LPNs Final 'BBB' Rating (PDF, 203 KB)
June 30, 2009	BBB (outlook: negative)	Fitch Rates Gazprom Short-term IDR 'F3' (PDF, 289.7 KB)
May 5, 2009	BBB (final rating)	Fitch Assigns Gazprom's CHF500m LPNs Final 'BBB' Rating (PDF, 197.8 KB)
May 5, 2009	BBB (final rating)	Fitch Assigns Gazprom's USD2.25bn LPNs Final 'BBB' Rating (PDF, 205.3 KB)
April 9, 2009	BBB (expected rating)	Fitch Assigns Gazprom's LPNs Expected 'BBB' Rating (PDF, 221 KB)
April 7, 2009	BBB (expected rating)	Fitch Assigns Gazprom's CHF400m LPNs Expected 'BBB' Rating (PDF, 244.3 KB)
April 7, 2009	BBB (outlook: negative)	Fitch Affirms OAO Gazprom at 'BBB' on Asset Acquisition (PDF, 423 KB)
February 4, 2009	BBB (outlook: negative)	Outlook changed from "stable" to "negative" (PDF, 222.5 KB)
April 1, 2008	BBB (outlook: stable)	Long-term credit rating upgraded from BBB− to BBB (PDF, 261.4 KB)
December 5, 2006	BBB− (outlook: positive)	Outlook changed from "stable" to "positive" (PDF, 244.8 KB)
July 13, 2006	BBB− (outlook: stable)	Long-term credit rating upgraded from BB+ to BBB− (PDF, 265.1 KB)
August 12, 2005	BB+ (outlook: stable)	Long-term credit rating upgraded from BB to BB+ (PDF, 218.4 KB)
November 18, 2004	BB	Rating revised from Rating Watch Evolving to Rating Watch Positive (PDF, 204.1 KB)
September 16, 2004	BB	Rating placed on Rating Watch Evolving (PDF, 213.3 KB)
September 16, 2003	BB (outlook: stable)	Assignment of credit rating (PDF, 138.3 KB)

Moody's

www.moodys.com

Date	Rating	Description
February 12, 2019	Baa2 (outlook: stable)	Moody’s raises Gazprom’s rating to investment grade (PDF, 119.6 KB)

Date

Rating

Description

February 12, 2019

Baa2 (outlook: stable)

Moody’s raises Gazprom’s rating to investment grade (PDF, 119.6 KB)

All news items Hide news items

January 29, 2018	Baa3 (outlook: positive)	Moody’s raises Gazprom’s rating to investment grade (PDF, 120.5 KB)
February 21, 2017	Ba1 (outlook: stable)	Moody’s affirms Ba1 rating for Gazprom, changes outlook from negative to stable (PDF, 115 KB)
April 26, 2016	Ba1 (outlook: negative)	Moody's has affirmed the company's issuer rating at Ba1 with a negative outlook (PDF, 124.1 KB)
January 22, 2016	Ba1	Rating placed on review (PDF, 125 KB)
December 4, 2015	Ba1 (outlook: stable)	Outlook changed from “negative” to “stable” (PDF, 116.4 KB)
February 25, 2015	Ba1 (outlook: negative)	Moody's downgrades Gazprom's ratings to Ba1 from Baa3 (PDF, 113.6 KB)
January 20, 2015	Baa3 (outlook: negative)	Moody's downgrades Gazprom's foreign and local currency ratings to Baa3 and Baa2 (PDF, 118.6 KB)
December 23, 2014	Baa2 (outlook: negative)	Moody's downgrades Gazprom's ratings to Baa2 (PDF, 118.6 KB)
October 21, 2014	Baa1 (outlook: negative)	Moody's has affirmed the company's issuer rating at Baa1 with a negative outlook (PDF, 110.6 KB)
July 01, 2014	Baa1 (outlook: negative)	Outlook changed from "stable" to "negative" (PDF, 107.5 KB)
April 01, 2014	Baa1 (outlook: negative)	Outlook changed from "stable" to "negative" (PDF, 108.5 KB)
July 09, 2012	Baa1 (outlook: stable)	Moody's has affirmed the company's issuer rating at Baa1 with a stable outlook (PDF, 49.4 KB)
April 06, 2012	Baa1 (outlook: stable)	Moody's has affirmed the company's issuer rating at Baa1 with a stable outlook (PDF, 179.7 KB)
November 08, 2011	Baa1 (outlook: stable)	Moody's has affirmed the company's issuer rating at Baa1 with a stable outlook (PDF, 53.6 KB)
August 18, 2011	Baa1 (outlook: stable)	Moody's has affirmed the company's issuer rating at Baa1 with a stable outlook (PDF, 173.4 KB)
September 8, 2009	Baa1 (outlook: stable). Credit rating downgraded from A3 to Baa1	Moody's assigns Gazprom Prime-2 short-term rating (PDF, 169.7 KB)
July 31, 2009	Baa1 (outlook: stable). Credit rating downgraded from A3 to Baa1	Moody's assigns Gazprom Prime-2 short-term rating (PDF, 25.7 KB)
April 7, 2009	Baa1 (outlook: stable). Credit rating downgraded from A3 to Baa1	Moody's downgrades Gazprom's ratings to Baa1 (PDF, 170.1 KB)
April 3, 2009	Baa1 (outlook: stable). Credit rating downgraded from A3 to Baa1	Moody's downgrades Gazprom's ratings to Baa1 (PDF, 31.7 KB)
December 15, 2008	A3 outlook changed from "positive" to "stable"	Moody's changed Gazprom's outlook to stable (PDF, 29.2 KB)
July 16, 2008	A3 outlook upgraded from "stable" to "positive"	Moody's: Gazprom and Russian Railways outlooks changed to positive (PDF, 28 KB)
December 19, 2006	A3 (outlook: stable). Credit rating upgraded from Baa1 to A3	Moody's upgrades Gazprom to A3 Stable Outlook (PDF, 32.8 KB)
May 24, 2006	Baa1 (outlook: stable). Credit rating upgraded from Baa2 to Baa1	Moody's announces rating impact of revised policy on foreign-currency ceilings for corporate issuers in Emea Region (PDF, 33 KB)
October 26, 2005	Baa2 (outlook: stable). Credit rating upgraded from Baa3 to Baa2	Moody's upgrades Gazprom's ratings following upgrade of Russia's sovereign ratings (PDF, 28.3 KB)
July 8, 2005	Baa3 (outlook: positive). Credit rating downgraded from Baa2 to Baa3	Correction: Moody's adjusts and assigns issuer and corporate family ratings; affirms debt ratings (PDF, 31.9 KB)
June 23, 2005	Baa2 (outlook: positive). Credit rating upgraded from Baa3 to Baa2	Moody's announces rating impact of 'GRI' methodology for corporate issuers in Emea Region (PDF, 70.1 KB)
December 8, 2004	Baa3 (outlook: positive). Credit rating upgraded from Ba1 to Baa3	Moody's upgrades to Baa3 Gazprom's issuer and debt ratings; outlook positive (PDF, 34.9 KB)
September 15, 2004	Ba1. Rating placed on review for possible upgrade	Moody's places Gazprom's and rosneft's ratings on review for possible upgrade following acquisition announcement (PDF, 31.9 KB)
April 22, 2004	Ba1 (outlook: stable). Assignment of credit rating	Moody’s assigns Ba1 senior implied and Ba2 issuer ratings to Gazprom, as well as a (P)Ba2 rating to its proposed loan participation notes (PDF, 70.1 KB)