Moldovagaz says redeems gas debt to Gazprom for Dec 2021

CHISINAU, Jan 13 (PRIME) -- Moldovan gas distribution company Moldovagaz has fully redeemed its debt to Russian gas giant Gazprom for the natural gas delivered in December 2021, the company said in a statement published on Thursday on its Facebook page.

Moldovagaz CEO Vadim Ceban told PRIME that the company had collected the money and planned to transfer it to Gazprom until the end of Thursday.

Moldovan Infrastructure Minister Andrei Spinu said on Tuesday that the country that faced a new energy crisis as the price for gas grew to U.S. $646 per 1,000 cubic meters in January from $450 in December, negotiating with Gazprom a delay of the January payment. It also planned to raise a loan to redeem the debt.

Gazprom and Moldovagaz prolonged their long-term gas supply contract for 5 years in October after long negotiations. Gazprom said then that it agreed to almost all Moldova’s conditions taking into account the situation in the country, but insisted that Chisinau should make current payments 100% on time.

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