Fitch affirms the rating of Lukoil at "BBB-" with a negative outlook.

Fitch Ratings, the international rating agency, affirmed the long-term issuer default rating (IDR) of Lukoil, the second largest Russian oil company, foreign and local currency ratings at "BBB-" with a negative outlook, the report of the rating agency informs.

According to Fitch, "Lukoil ratings are associated with Russia's sovereign rating" BBB- ", outlook "negative" due to the concentration of assets in the Russian Federation and the influence of the state on the oil and gas industry through taxation and regulatory measures."

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
12 Northfields Prospect; London, - SW18 1PE; United Kingdom
E 51° 27.454518" S 0° 14.101236"

Theme by Danetsoft and Danang Probo Sayekti inspired by Maksimer