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Gazprom to suspend gas supply to Moldova if payment not made

by REUTERS

CHISINAU, Moldova Oct 23, 2021 - 7:32 pm GMT+3
The logo of Gazprom is pictured at the 26th World Gas Conference in Paris, France, June 2, 2015.  (Reuters Photo)
The logo of Gazprom is pictured at the 26th World Gas Conference in Paris, France, June 2, 2015. (Reuters Photo)
by REUTERS Oct 23, 2021 7:32 pm

The Russian gas giant Gazprom will halt gas exports to Moldova if it fails to pay for previous supplies, Interfax news agency reported the company as saying Saturday. It added that no contract for December has been signed with the country.

Moldova's gas contract with Gazprom expired at the end of September, and the two have failed to agree on a new price and other details of a new deal since then. Moldova declared a state of emergency this week.

Moldova has balked at Gazprom's price of $790 per 1,000 cubic meters of gas.

Moldova owes Gazprom $709 million for previous gas supplies, Interfax quoted Gazprom as saying.

Gazprom has extended the expired contract for October, but will only be ready to extend it for November if Moldova pays for September-October supplies, it added.

Two Moldovan deputy prime ministers traveled to Moscow this week for talks with Gazprom.

"Gazprom's price for gas for Moldova is not in the interests of our citizens," Deputy Prime Minister Andrei Spinu, who took part in the talks in Moscow, said on social media.

A source familiar with the talks previously told Reuters that Moldova had asked Gazprom to halve its price offer. A second source said Gazprom had offered a cut of 25%.

The emergency is a test for President Maia Sandu's pro-Western administration, which has asked the European Union and neighboring Ukraine for help to tide it over its negotiations with Moscow.

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