Gazprom is to limit natural gas supplies to Moldova up to zero from January 1, 2025 due to contract violations by the Moldovan side and refusal to settle the debt for supplies, the Russian holding company said in a statement, TASS reports.
Considering that the Moldovan side's refuses to settle the debt for gas supplies, Gazprom sent a notice to Moldovagaz on December 28 that the Moldovan side regularly fails to fulfill its payment obligations under the current contract, which is a material breach of its terms.
"In this regard, based on the provisions of the contract and applicable norms of Russian legislation, PJSC Gazprom will introduce a restriction on natural gas supplies to the Republic of Moldova to 0 cubic meters per day from 8:00 a.m. Moscow time (5:00 a.m. GMT) on January 1, 2025," the Russian company said in a statement. The company notes that the restriction will remain in effect until Gazprom notifies Moldovagaz in writing otherwise.
Gazprom reserves all its rights, including the right to unilaterally terminate the contract and the right to demand compensation for all damages and payment of fines from Moldovagaz for failure to fulfill and/or improper fulfillment of the Moldovan company's obligations under the contract, the Russian gas holding said.
