Russian gas giant Gazprom postponed the sale of a 30-year dollar bond yesterday, the latest deal to fall foul of tumultuous credit market conditions and just days after Gazprom decided against selling a 10-year bond.

Lead underwriters ABN Amro and Morgan Stranley were due to price the 30-year bonds yesterday to yield between 220 basis points and 225 basis points over the comparable US Treasury note.