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Moldova, Gazprom agree to extend contract for gas deliveries at same price

September 26, 2014, 14:53 UTC+3 CHISINAU
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CHISINAU, September 26. /ITAR-TASS/. The government of the Republic of Moldova and Gazprom have agreed to extend the contract for deliveries of natural gas for yet another year, Adrian Candu, Moldovan Deputy Prime Minister and Minister of Economy, announced in his microblog in Facebook on Friday as a result of meetings in Moscow with Alexander Novak, Russian Minister of Energy, and Alexander Medvedev, Vice-Chairman of the Gazprom Board.

"We have agreed to extent the existing contract for purchases of Russia's gas for yet another year. The terms have remained the same," Candu pointed out.

Moldova currently imports Russia's gas at approximately $370 per 1,000 cubic metres. A long-term contract for gas deliveries expired way back in 2011 and since then it has been extended annually. Chisinau presses for a gas price abatement but negotiations on the subject yield no results.

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