OGZPY PJSC Gazprom (PK)

09:36 ET - Investors in Russian gas giant Gazprom, which has ADRs are listed at the London Stock Exchange, in the US and at European exchanges, are keeping their eyes on looming US sanctions targeting Nord Stream 2, a 1,200-km natural gas pipeline being built that would connect Russia and Germany via the Baltic Sea. "The bill, if approved in its current form, could pose risks to Russia's Gazprom, PJSC (Baa2 stable), which owns and operates the pipeline through its wholly owned Swiss subsidiary," says Moody's Investors Service. "The exposure of Gazprom will depend on its ability to complete the construction if its current contractors need to cease their participation in the project." (dan.molinski@wsj.com)

(END) Dow Jones Newswires

December 18, 2019 09:51 ET (14:51 GMT)

PJSC Gazprom (PK) (USOTC:OGZPY)
Historical Stock Chart
From Mar 2024 to Apr 2024

PJSC Gazprom (PK) (USOTC:OGZPY)
Historical Stock Chart
From Apr 2023 to Apr 2024