Moldova-Gaz repays nearly all gas debt to Gazprom

Russian giant Gazprom supplied $225.7m worth of natural gas to Moldova's consumers, excluding those living in Transnistria, while Moldova-Gaz paid $219.4m for it in 2007, Chairman of the Executive Board of the Russian-Moldovan joint venture Gennady Abashkin said during the annual shareholders meeting in Chisinau, this week. Therefore, Moldova-Gaz paid for 97 percent of the gas supplied, Abashkin noted. Although Moldovan gas consumers paid Moldova-Gaz for 89 percent of the gas compared to 83 percent a year earlier, their level of payment is still lower than that of Moldova-Gaz to Gazprom. In addition, their total debt to Moldova-Gaz grew by $33.8m in 2007.