Home News In Moldova, the price of natural gas doubled in April

In Moldova, the price of natural gas doubled in April

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The price of natural gas supplied from Russia to Moldova doubled in April to $ 1,160 per 1,000 cubic meters, Minister of Infrastructure and Regional Development Andrei Spinu said in an interview with Pro TV Moldova on Monday.

“In April, we buy gas for $ 1,160 per 1,000 cubic meters,” Spinu said.

In March 2022, Moldova imported blue fuel at $ 547 per 1,000 cubic meters. The Deputy Prime Minister reminded that the calculation formula has changed since this month. The calculation now consists of 70% of the average monthly gas price for the previous month (TTF front month) and 30% of the price of the oil basket. At the same time, gas prices in Europe have renewed their all-time highs, with oil also rising by 15-20%.

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In October 2021, Moldovagaz and Gazprom extended the fuel supply contract for five years.

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