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Russia’s Gazprom (OTCPK:OGZPY) balk monday on its day threatens to disrupt the flow of gas to Europe through Ukraine, stating that the state energy company of Moldova has been slow to pay for the gas supplies received so far. in November.
Gazprom (OTCPK:OGZPY) said the payment included gas that Moldovagaz had temporarily stored in Ukraine.
The Russian gas giant announced last week that Ukraine was illegally storing certain quantities of natural gas destined for Moldova and said it would cut down on shipments of natural gas to Ukraine destined for Moldova.
“The amount of gas that Gazprom mentioned is left in Ukraine is our savings and reserves are stored in warehouses in Ukraine,” Deputy Prime Minister Moldova said last week. “These volumes were and will be paid in full by our country.”
Moldova is located between NATO members Romania and Ukraine and was granted European candidate status in June after the pro-Western government, which replaced a pro-Russian president in the 2020 election, applied to join. EU in March.
Gazprom (OTCPK:OGZPY) said of Moldova that it “reserved the right to reduce or completely stop the supply of gas in the event of a breach of their payment.”
As disputes over contract terms and conditions often precede Russian supply restrictions, Europe is concerned that Gazprom’s (OTCPK:OGZPY) latest request may have marked the beginning of a complete shutdown of the gas lines.
