Moldovagaz yet to find money to pay debt to Gazprom - Politics & Economy - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Moldovagaz yet to find money to pay debt to Gazprom

CHISINAU, Nov 23 (PRIME) -- Moldovan gas distribution company Moldovagaz is yet to find money to pay a U.S. $74.2 million debt to Russian gas giant Gazprom, Deputy Prime Minister and Infrastructure Minister Andrei Spinu said on Tuesday on his Twitter page.

УAs of the moment, the debt exceeds $74.2 million. So far, Moldovagaz has not found a commercial solution for redemption of the debt,Ф he said.

The debt accumulated because the country bought gas for U.S. $790 per 1,000 cubic meters in October, while the consumer tariff amounted to $148 per 1,000 cubic meters. The government was in contact with Moldovagaz to find a solution, he said, adding that the government guaranteed that the Moldovans will not be left without gas.

On Monday, GazpromТs official representative Sergei Kupriyanov said that the company had notified Moldova that it could suspend supplies in 48 hours unless the bill due on Monday is paid because a recent contract envisages 100% payment for the current bills. Moldovagaz CEO Vadim Ceban said that the company asked the government for a $74 million loan to pay the debt.

End %%md/jst%%

23.11.2021 11:52
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 83.2406 -0.5699 04 dec
USD 73.7426 -0.3211 04 dec
Stock Market Indices
1D 1W 1M 1Y
MICEX
micex 3919.25 +0.16 10:36 06 dec
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 347.40 +0.41 10:18 06 dec
lkoh 6688.00 +0.73 10:18 06 dec
rosn 581.00 +0.77 10:18 06 dec
sber 323.63 +0.93 10:18 06 dec
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 83.1150 -0.0050 10:18 06 dec
USDTD 73.6675 +0.0375 10:18 06 dec