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
- Phillips 66 to Shut LA Oil Refinery, Ending Major Gasoline Output Amid Supply Concerns
- FERC Sides with Williams in Texas-Louisiana Pipeline Dispute with Energy Transfer
- U.S. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- ConocoPhillips Eyes Sale of $1 Billion Permian Assets Amid Marathon Acquisition
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
- U.S. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- Malaysia’s Oil Exports to China Surge Amid Broader Import Decline
- U.S. LNG Export Growth Faces Uncertainty as Trump’s Tariff Proposal Looms, Analysts Say
- Marathon Oil to Lay Off Over 500 Texas Workers Ahead of ConocoPhillips Merger
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
Comments