London, 26 April 2016 -- Moody's Investors Service (Moody's) has confirmed at Ba1 the corporate family ratings (CFRs) of four integrated oil & gas companies -- Gazprom, PJSC; Gazprom Neft PJSC; OJSC Oil Company Rosneft; Lukoil, PJSC -- and one independent exploration and production (E&P) company -- OAO Novatek. The outlook on all the ratings is negative.

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