TPGC-Finance JSC's Credit Rating Affirmed at ‘AA-’
OREANDA-NEWS. October 30, 2015. National Rating Agency has affirmed its ‘AA-’ national scale credit rating on TPGC-Finance JSC (AO ‘TPGC-Finance’). The rating was originally assigned on August 15, 2014.
TPGC-Finance JSC is a company specially created for bond issuing in the interests of its parent company – TPGC LLC. TPGC LLC is an independent private gas company, which implements the investment project for the extraction of natural gas in the Komi Republic, where TPGC LLC has a number of licenses for exploration and extraction of hydrocarbons in the following licensed areas: Inta and Kozhim gas fields, Levogrubeyyuskaya area, East-Lemvinsk area, Lemvinsk, Ankudinsk, Parmayusk, North-Kozhim sites. In accordance with an independent cost valuation of the proven, probable and possible natural gas and condensate reserves, the company has a significant resource potential.
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