MOSCOW, Nov. 2 - Fitch Ratings on Thursday assigned a stable outlook for Naftogaz Ukrayiny??™s local and foreign currency Issuer Default ratings, removing the national oil and gas company from negative rating watch.

The move comes a week after Fitch has placed Naftogaz on the negative rating watch following an announcement that Ukraine will have to pay $130 per 1,000 cubic meters of gas in 2007, up from $95 in 2006.