Gazprom to deliver gas to Moldova at average European price

ITAR-TASS News Agency
TASS
June 7, 2005 Tuesday 6:27 AM Eastern Time

Gazprom to deliver gas to Moldova at average European price

MOSCOW, June 7

Gazprom plans beginning deliveries of gas to Moldova at an average
European price beginning from the next year, the chief of the
company’s board of governors, Alexander Ryazanov, said.

He told a news briefing on Tuesday that a basic price of gas exported
to Moldova is about 80 dollars for 1,000 cubic meters at present.

Moldova fully pays for gas, but its breakaway Dniester region, pays
only 70 percent, Miller said.

Russia delivered 1.75 billion cubic meters of gas to Moldova in 2004
and plans exporting 1.25 billion cubic meters this year.

Gas deliveries under contracts with Gazeksport company to Moldova
were 0.93 billion cubic meters last year and are expected to increase
to 1.1 billion cubic meters in 2005.

The price of gas delivered to Moldova and the transit rate are
regulated by intergovernmental accords, PRIME-TASS reported.

Ryazanov said Gazprom “has gradually come” to all CIS states. Its
further strategy is developing its CIS markets with the provision
that customers pay 100 percent for delivered gas.

Gazeksport’ director Alexander Medvedev said at the briefing that the
company had increased gas deliveries to Georgia and Armenia.

Thus 1.2 billion cubic meters of gas have been exported to Georgia
last year and a similar amount will be delivered in 2005.

Gas deliveries to Armenia will be built up to 1.7 billion cubic
meters, as against 1.3 billion cubic meters in 2004, because of the
increasing use of energy in Armenia, Medvedev said.

From: Emil Lazarian | Ararat NewsPress