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Russia’s Gazprom, Moldova’s Moldovagaz extend current gas contract to 2014

December 26, 2013, 22:38 UTC+3 CHISINAU
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CHISINAU, December 26, /ITAR-TASS/. Russia’s national gas utility Gazprom and Moldova’s gas provider Moldovagaz have extended the current gas supplies and transit contract to 2014, Moldovan Deputy Prime Minister and Minister of Economy Valeriu Lazar told journalists.

According to Lazar, the gas price for Moldova will be reduced by an average of ten U.S. dollars to 365 U.S. dollars per 1,000 cubic meters depending on the gas quality. The gas transit tariff via Moldova’s territory will remain unchanged (3.5 U.S. dollars for pumping 1,000 cubic meters for 100 kilometers).

The five-year contract for gas supplies to Moldova was signed in 2006 and expired in 2001. It has been annually extended ever since. The sides are failing to sign a new contract over differences concerning gas prices.

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