The debts for natural gas on the right bank of the Nistru, together with penalties, come to US$715 million. The debt of the left bank of the Nistru totals US$6.8 billion, president of the Administration Board of SA “Moldovagaz” Vadim Ceban stated in hearings staged by the parliamentary commission on public finance control. According to him, without the participation of the Russian company “Gazprom”, without the participation of the administration of Tiraspol, a method for clearing the debt of the left bank cannot be identified, IPN reports.

Vadim Ceban said the method of clearing the debts of the two banks will be discussed in the negotiations between the shareholders – the Government of Moldova, “Gazprom” and the Transnistrian side. There is now no possibility of avoiding the Transnistrian region. The country’s energy security is at stake.

According to him, the audit of the Financial Inspectorate of the Ministry of Finance recommended that the debt of “Tiraspoltransgaz” and the method of settling this should be stipulated in the accounting records of “Moldovagaz”. These debts are now outside these records and they consider this is not right as these debts are not generated by “Moldovagaz”. Moreover, there is a contract with “Tiraspoltransgaz” and they are obliged to pay for the consumed gas.

Vadim Ceban noted there are executory titles to the value of over 5 million US dollars that cannot be enforced on the territory of the Transnistrian region.

Vadim Ceban also said that “Tiraspoltransgaz-Pridnestrovie” manages all the contracts for the supply of gas in the region. Moreover, there is allegedly a secret account opened by the self-proclaimed authorities into which financial resources for the gas consumed by the inhabitants of the region are collected.