In August, Moldovagaz will pay $1,458.5 for every thousand cubic meters of natural gas bought from Gazprom, compared to $980, which was paid in July.
Moldovagaz director Vadim Ceban made the statement on August 1. He said that the price was calculated according to the contract signed with the Russian concern.
According to the contract signed in October 2021, the price of natural gas purchased by Moldovagaz from Gazprom is calculated differently in winter and summer.
On November 1 – April 1 when consumption is high, this price is determined at 70% by the oil quotation on the international stock exchanges and at 30% by the natural gas quotation on the spot markets.
On April 1 – November 1 the formula is reversed and is 30% of the price formed according to the oil quotation on the stock exchanges and 70% – according to the natural gas quotation. (Moldpres/Business World Magazine)