Russia to sell gas to Moldova for $173 per 1,000 cubic meters in 2020Christian Fernsby ▼ | November 21, 2019
The price of Russian gas for Moldova will be significantly lower due to changes in the contract price formula to $173 per 1,000 cubic meters, Deputy Prime Minister Dmitry Kozak told reporters following the results of Russian-Moldovan talks.
Russian energy Deputy Prime Minister Dmitry Kozak
Topics: Russia gas Moldova
He also said that at the negotiations the republic’s gas debt to Russia was discussed.
"It was. We agreed that we will extend the contract under the existing conditions. It will be beneficial for the republic of Moldova next year in terms of gas prices," Kozak said.
According to him, the Russian government discussed the debt repayment with the local Gazprom. The mechanism of debt repayment implies that the reduced gas price will be paid with some supplementary amounts and this will allow Moldova to gradually return the debts. ■