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Saturday, December 28, 2024

Gazprom Will Halt Gas Supplies to Moldova Amid Debt Dispute

 


  • Russian gas giant has said Moldovagaz owes it $709 million
  • Flows to Transnistria region are set to stop on Jan. 1

Russia’s Gazprom PJSC will halt natural gas supplies to Moldova starting on Jan. 1 due to an alleged debt impasse amid a state of emergency in the Eastern European nation’s energy sector.

The notification sent to Moldovagaz on Saturday said the company “regularly fails to fulfill its payment obligations under the existing contract, which is a significant breach of its terms,” the Russian gas giant said in statement on Telegram.

https://www.bloomberg.com/news/articles/2024-12-28/gazprom-to-halt-gas-supply-to-moldova-on-debt-issues

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