The purchase price of the natural gas supplied by Gazprom to Moldovagaz in January is US$646 per 1,000 cubic meters. It was determined based on the calculation formula stipulated in the contract for the supply of gas.

The current purchase price is higher than the price paid in November and December last year and was influenced by the continuous rise in gas quotations at European stock exchanges and the increase in the cost of the reference basket of oil products with which the purchase price of gas is correlated, IPN reports, quoting Moldovagaz.

The company noted it will be making every effort for the payments for current supplies to be made on time and fully so as to guarantee the uninterrupted supply of natural gas.

The Republic of Moldova for November paid to the Russian gas giant Gazprom US$450 per 1,000 cubic meters of gas.

Deputy Prime Minister Andrei Spînu, who was among the officials who negotiated the new contract for the supply of gas to Moldova, announced a news conference centering on the situation on the gas market for January 11.