#Russia_Moldova: At last, Gazprom has spilled the tea. The Kremlin/state-controlled company Gazprom has complained that the Moldovan authorities refuse to pay debts of $ 709 million ($ 433 million + the penalty fee). The Moldovan side previously communicated that Russia wants⤵️
the payment of historical debts in 3 years, which is a difficult condition to fulfill. This appears to be one of the "political conditions" for which Russia is pushing for. Nonetheless, Gazprom insists that it wants payment for the delivered product now. The company warned⤵️
that if the Moldovan authorities do not pay the debt and sign a new contract before December 1, they will stop supplying gas. Gazprom reported that it is in possession of information that the ruling party in Moldova wants to restructure the national provider MoldovaGaz (where⤵️
50% of the shares belong to Gazprom). The first real political negotiations on gas took place at the end of this week. Following their completion, Infrastructure Minister Spinu reiterated that Russia is asking for a higher price for other countries in the region, without⤵️
https://twitter.com/dioniscenusa/status/1450711238485463041
mentioning it. Some volumes of gas were secured from the Ukrainian side, while gas from Romania can be used to maintain pressure in the system. There is a lot of uncertainty about the gas supply. The ruling party and its supporters keep saying that everything will be fine.⤵️
However, a 30-day “state of energy emergency” was established until November 22. Gazprom swears that it does not want to politicize the issue and blame the Moldovan side.⤵️
These arguments are not convincing because Moldova, which is totally dependent on gas, cannot put pressure on Russia in any (un)imaginable way. Stay tuned for more details!
https://twitter.com/dioniscenusa/status/1450425676901793796
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