Moldova Pays Russia's Gazprom in Full for April Gas Supplies
(Reuters) — Moldova has paid Russian gas producer Gazprom in full for its gas consumption in April, the head of state energy firm Moldovagaz Vadim Ceban said on Wednesday.
The former Soviet republic signed a five-year supply contract last autumn under which the price is determined on a monthly basis and tied to global spot prices for gas and oil.
In April, the price doubled from the March level.
Moldovagaz transferred $69.5 million to Gazprom for March-April supplies of gas, Ceban said on social media.
"The company has no debts for the current natural gas supplies," Ceban added.
The contract was signed amid continuing talks over Moldova's debt for previous gas supplies, estimated by Russia at $709 million.
Moldova's officials said in October that the Moldovan government and Gazprom had agreed to audit the debt in 2022 and negotiate a debt payment schedule.
However, the audit process came to a standstill when Russia sent its troops to Ukraine on February 24.
Moldova has asked Gazprom to postpone the deadline for the audit for 10-12 months but has not received a reply from the gas producer, Moldovan officials said this month.
Related News
Related News
- Trump Aims to Revive 1,200-Mile Keystone XL Pipeline Despite Major Challenges
- Phillips 66 to Shut LA Oil Refinery, Ending Major Gasoline Output Amid Supply Concerns
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
- U.S. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- ConocoPhillips Eyes Sale of $1 Billion Permian Assets Amid Marathon Acquisition
- U.S. LNG Export Growth Faces Uncertainty as Trump’s Tariff Proposal Looms, Analysts Say
- Tullow Oil on Track to Deliver $600 Million Free Cash Flow Over Next 2 Years
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- Polish Pipeline Operator Offers Firm Capacity to Transport Gas to Ukraine in 2025
- Alaska Greenlights Enstar’s $57 Million Pipeline to Boost LNG Imports
Comments