Transdniestria’s debt for Russian gas totaled US$1.558,1 billion at the end of this March, up 5.1% from January 2008.

According to the Transdniestrian National Bank, the gas debts make up two thirds of Transdniestria’s total debt. The gas debt per capita is US$2,900.

On July 17, the International Commercial Arbitration Court of the Chamber of Trade and Industry of Russia ruled in favor of Gazprom in a case against Moldova-Gaz and ordered that the latter pay US$42 million of Transdniestria’s gas debt accumulated in the first quarter of 2006.

The Court said that though the debt should be settled by Tiraspoltransgaz SRL, which administers the gas distribution networks in Transnistria, this company is not a party to the contract for the supply of gas signed by Moldovagaz and Gazprom.//REPORTER.MD


Publication date: 04 August 2008   

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