HomeMediaLatest News"It will get bogged down in debt." What will it cost Chisinau to refuse Russian gas

"It will get bogged down in debt." What will it cost Chisinau to refuse Russian gas

03 October 2023

Kondratiev Sergey V. Principal Director on Economic Studies, Head of the Economic Department

Sergey Kondratiev, Principal Director on Economic Studies at the Institute for Energy and Finance, commented to the Prime news agency on gas supplies to Moldova.

Sergey Kondratiev agrees that the rejection of Russian fuel is due to Moldova's unwillingness to discuss the payment of a debt of $ 700 million. Now, the cost of supplies to Moldova is likely to be tied to prices at hubs in Central Europe, the expert argues. The contract price may exceed $ 450 per thousand cubic meters — one and a half times higher than the prices of the Russian contract.

Kondratiev Sergey V. Principal Director on Economic Studies, Head of the Economic Department
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