March 29, 2018 / 9:58 AM / 3 months ago

Russia's Gazprom to pay back $10.4 billion of loans in 2018

MINSK (Reuters) - Russia’s gas giant Gazprom will repay 600 billion rubles ($10.40 billion) worth of outstanding loans in 2018, the company’s Chief Financial Officer Andrei Kruglov said on Thursday.

FILE PHOTO - A general view shows the headquarters of Gazprom in Moscow, Russia, June 30, 2016. REUTERS/Maxim Shemetov/File Photo

Kruglov also said Gazprom has no plans to issue bonds denominated in Japanese yen this year but will consider such an option in 2019.

($1 = 57.6707 rubles)

Reporting by Andrei Makhovsky in Minsk; writing by Andrey Ostroukh in Moscow; editing by Jason Neely

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