Fitch downgrades Gazprom and Lukoil over ‘probable default’ on debt payments

Other Russian commodity companies also reviewed by leading ratings agency

Currency slump: the Russian rouble this year has lost almost 50% of its value against the US dollar — Currency slump: the Russian rouble this year has lost almost 50% of its value against the US dollarPhoto: REUTERS/SCANPIX

Amanda Battersby

Singapore

Gazprom Lukoil Bashneft Fitch Ratings Russia

Published 13 March 2022, 02:13Updated 14 March 2022, 10:54