London, 04 June 2014 -- Moody's Investors Service said today that it considers the fire incident at SeverEnergia, a joint venture owned by Gazprom Neft JSC (45.1%, Baa2 on review for downgrade) and OAO Novatek (54.9%, Baa3 stable) as being credit neutral for both companies' financial profile and ratings. The incident was revealed by Novatek on Friday 30 May.

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