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Moldova Reaches Deal With Gazprom

Presiden Vladimir Voronin, pictured here with Russian President Putin (right), called the deal a "triumph for pragmatism" (file photo) (AFP) 16 January 2006 -- Moldova has reached a four-month deal to buy gas from Russia's state-controlled monopoly Gazprom, the Moldovan president’s office announced today.

Under the terms, Moldova is reportedly to pay $110 per 1,000 cubic meters of natural gas, up from the $80 it had been paying in 2005

Gazprom cut off gas to Moldova on 1 January, after Moldova rejected Gazprom's initial price of $160 per 1,000 cubic meters. Since then, Ukraine had been supplying neighboring Moldova from its own stocks.

President Vladimir Voronin called the agreement a triumph for pragmatism.


Gas Facts

Gas Facts

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