According to Russia Today TELEVISION (RT) reported on the 19th, Moldova, located in southeastern Europe and adjacent to Ukraine and Romania, declared that the country entered a 60-day state of emergency. Earlier, Gazprom warned that it might stop delivering gas to Moldova due to unpaid bills.
Russian Tv Today reported with picture
Moldovan Prime Minister Gavrice announced the news at a cabinet meeting on Wednesday (19th), saying: "This decision has been approved. It must now be confirmed by Parliament. After that, the Emergency Committee will take comprehensive measures to ensure uninterrupted access to natural gas for consumers. ”
Gavrlitzer said Russian Gazprom had issued a formal notice to the Moldovan government that the energy giant would cut off gas shipments if it failed to default on outstanding bills in January. Deputy Prime Minister Spinu also said Moldova would demand a phased repayment of its debt.
Spinu announced that Moldovagaz, a joint venture between the two countries, will pay $38 million to Russian Gazprom by January 20, leaving $25 million moldova to ask for a delay in payment, but Russian Gazprom is unwilling to help its own subsidiary and therefore fails to reach an agreement. Spinu added that Moldovagaz was pinning its hopes on obtaining a loan to pay off the debt.
Moldovagaz's head, Cheban, had previously announced that the company would not be able to repay Russian Gazprom in January. He said user pricing had failed to keep up with rising gas costs, and that the company was in a tight financial position to get loans from banks.
Moldova declared a state of emergency last October in response to the energy crisis. After that, Moldovagaz and Gazprom of Russia signed a five-year contract, agreeing to pay monthly. Moldova was forced to demand an extension of the November payment, when Gazprom also threatened to cut off gas supplies, but Moldova eventually paid a $75 million bill.
In his speech on Wednesday (19th), Spinu insisted that this situation will not happen again once the current crisis is resolved. (Editor: SDY)
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