Conditions exist for making gas cheaper for final consumers, Andrian Candu

There are conditions for reducing gas prices for the final consumers, stated acting Economy Minister Andrian Candu after the Government's meeting on Monday. Candu reminded that, effective on 1 January 2015, Moldova will pay $331.8 per 1,000 cu.m. of gas under a contract extension with Russia's Gazprom.

“According to the formula that establishes the price of natural gas, we could get a price of $310-311 in the second quarter of 2015. In this respect, we've sent a letter containing the economic reasons to (the energy regulatory agency) ANRE to make the necessary calculation so that (the final consumers) can get a price change from 1 January 2015”, said Candu.

At the same time, the Romanian gas to be supplied to the districts of Ungheni and Nisporeni will be bought for $277 per 1,000 cu.m., but initially it will come in small amounts. When the pipeline is extended from Ungheni to Chisinau, with work to start in the second or third quarter of 2015 according to Candu, amounts will increase and this could also mean discounts.

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