Gazprom threatens to halt fuel provide to Moldova inside 48 hours

Russian power big Gazprom will withdraw fuel transit to Moldova within the subsequent 48 hours after Chisinau did not settle its excellent debt for provides already delivered, a spokesman for the corporate introduced on Monday.

At the tip of final month, the Saint Petersburg-based firm and Moldavgaz agreed a brand new deal after a prolonged standoff on worth.

“Today is the scheduled date of payment. Yet, there is no payment,” Gazprom spokesman Sergey Kupriyanov mentioned in an announcement, including that the state-owned agency is “extremely disappointed” with Moldova’s failure to satisfy its obligations below the not too long ago prolonged contract.

The deal was struck in late October following weeks of stalled talks that almost led to an power disaster within the japanese European nation. Eventually, the contract was prolonged for 5 years and the Russian facet began once more pumping fuel to Moldova on November 1.

According to Kupriyanov, Gazprom sought to set the “market gas price” for Moldova however finally needed to take account of a “difficult economic and financial situation” within the nation in addition to Russian President Vladimir Putin’s place. The firm agreed to most of Chisinau’s phrases, together with the discounted worth, he mentioned.

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Russia's Gazprom strikes gas supply deal with crisis-hit Moldova on ‘mutually beneficial terms,’ averting energy emergency

Russia's Gazprom strikes gas supply deal with crisis-hit Moldova on ‘mutually beneficial terms,’ averting energy emergency Russia's Gazprom strikes gas supply deal with crisis-hit Moldova on ‘mutually beneficial terms,’ averting energy emergency

Gazprom solely demanded that Moldova pay for its present consumption on time, the spokesman added, pointing to the truth that this time period was breached and that it has pressured Gazprom to take such a choice.

The October contract extension was held up by pricing disagreements and Moldova’s already mounting unpaid payments. At that point, Gazprom mentioned that the perimeters managed to reach an settlement on “mutually beneficial” phrases, together with a mutually-agreed “price calculation formula” and Moldova’s debt audit.

Chisinau was near introducing a state of emergency in case of failed talks. The tense scenario additionally sparked allegations from Western commentators that Moscow was utilizing power provides to exert strain on Chisinau’s new authorities to desert plans to attract nearer to the EU. Gazprom repeatedly denied such claims, arguing that its issues had been solely enterprise associated. 

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