The Russian gas giant Gazprom has announced that it will export gas to Moldova for 253 dollars in the third quarter of 2008, the Moldovan news agency Infotag reported on 16 July.
The price is over 20 per cent higher against the current price of 213 dollars per 1,000 cu. m. of gas.
Infotag quoted Moldovan Economics and Trade Minister Igor Dodon as saying that "the price might amount to 258 dollars if Moldova imports gas of higher quality".
Dodon also said that the increase in gas price will prompt higher rates for domestic consumers and added that the cabinet will propose gas compensations for 13 categories of people, Infotag said.
According to the Moldovan-Russian agreement on gas supply, the price for gas is revised every quarter. The last increase was operated on 1 April 2008, when the price surged from 191 dollars to 213 dollars per 1,000 cu. m.
Moldovan Prime Minister Zinaida Greceanii believes that the Russian-Moldovan trade turnover will exceed one billion dollars in the near future.
During the meeting with Russian Prime Minister Vladimir P...