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. Last Updated: 07/27/2016

Gazprom Issue Planned

Russian natural gas monopoly Gazprom plans to issue new securities on international markets, but not until at least the end of April, chairman Rem Vyakhirev said Thursday.

"We are ready to go onto international financial markets with some specific issues," he told reporters.

Gazprom launched its American Depositary Receipt program Oct. 22, 1996, raising $430 million with the issue.

Gazprom ADRs in Berlin traded at 35.30 Deutsche marks Thursday, down from 36.60 marks at Wednesday's close.