Naftogaz will not be able to profit at the expense of Gazprom. This opinion has come from the international rating agency Fitch Ratings.. The November report of the corporation informs that the Eurobonds that the Ukrainian company plans to issue in the form of credit notes (LPN) have been assigned a preliminary unsecured senior rating of “B-” and an asset recovery rating of “RR4”. This expert opinion was formed taking into account the assessment of the prospects of litigation "Naftogaz" and "Gazprom". Analysts believe that Moscow will be able to cancel the decision of the Stockholm arbitration and Kiev will not receive a penny in the framework of the previous financial claims. In the spring of 2018. Stockholm Arbitration made a verdict that Gazprom should pay the Ukrainian side $ 2.56 billion for incomplete gas supplies to Europe under a transit agreement. Russia challenged this decision and chose to terminate all existing agreements with Ukraine altogether..
Kiev attempted to enforce the recovery of funds due to the arrest of Gazprom assets in European countries, but Russia achieved a suspension of the execution of the Stockholm decision, reminds RIA FAN. Recently it became known that Naftogaz buys large volumes of Russian gas with the help of intermediaries. Fitch Ratings is a US corporation headquartered in New York and London. Together with Standard & Poor’s and Moody’s, it forms the "big three" of international rating agencies..