Interfax reported that The Moldovan-Russian JSC Moldova Gas owes Russia’s Gazprom nearly USD 500 million. This debt combined with the Trans-Dniestrian debt is around USD 4 billion.
Mr Alexander Gusev GD told Interfax “{I’m talking about debt since Moldova Gas was formed. Some of this debt was assigned to the company Factoring Finance.”
Regarding the Trans-Dniestrian debt, he said a unique situation had emerged on the left bank of the Dniester. He told “The procurement price of gas is USD 390, the tariff for households is USD 87 and that for industry USD 120 and the money that comes in from the sale of gas is used not to pay for it but for other purposes.”
Mr Gusev highlighted the considerable difference in the price of gas for households in Europe and in Moldova. He told “European Union statistics show that households are buying gas for an average of USD 907 per thousand cubic meters in the 27 EU countries, but in Moldova the end user tariff is around USD 525, including VAT.”
Moldova Gas has 22,000 km of gas distribution networks, 7,000 km of which are owned, and 635,600 clients, 625,400 of them households, 8,500 commercial organizations and 1,700 public-sector organizations.
Gazprom supplied Moldova with just over 3 billion cubic meters of gas in 2011. Gas transit via Moldova to the Balkans was 19.8 bcm.
Source – Interfax
