GOOD NEWS! Moldova prolongs contract with Gazprom

The deals between MoldovaGaz and Gazprom on gas supply and transition have been prolonged for three years more.

Under the new accord, the formula of setting the prices for end-users wil be kept.

However earlier, Economy deputy minister Valeriu Triboi had said there were all premises import prices fall down in the future.

In Q1 of 2016, Moldova bought natural gas from Russia at $223 per 1,000 cubic meters, however the annual average was set at $190.

The current contract with Gazprom was signed in 2007, for 4 years. On its expiration, the deal was prolonged on a yearly basis.

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