Moldavia prepares a schedule of a $400 mln debt settlement for Gazprom

Gazprom supplies gas to Moldavia by the contract with “Moldovagas” which formally expired in 2011 and has been annually prolonged since that.

At the end of 2014 or beginning of 2015 Moldavia will submit to Gazprom the schedule of the debt settlement for gas, Vice Prime Minister, Minister of Economy of Moldavia, A. Kandu said.

“Our current debt is about $400 mln. We have found a formula of the problem settlement. Until the end of 2014 or at the beginning of 2015 the Government will submit to Gazprom the schedule of the debt settlement”, Mr. Kandu said.

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