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MOLDOVA: GAZPROM AGREES TO POSTPONE MOLDOVAN CURRENT DEBT PAYMENT.(Brief Article)

IPR Strategic Business Information Database, March, 2000

Gazprom has agreed to a Moldovan request to postpone the payment of its $4 million debt for deliveries in 2000. Chisinau will pay for those supplies on 15 April. Gazprom has agreed to accept monthly, instead of semi-monthly, payments and to increase the volume of deliveries after 1 April 2000, Flux reported on 18 March.

However, ITAR-TASS the same day reported that the current debt totals $11 million and the total debt $760 million, of which nearly $500 million is owed by the separatist Transdniester authorities. And the following day, the Russian news agency reported that Gazprom is now demanding that Tiraspol clear its debt by paying for the maintenance of the Russian contingent in the region and by using funds from the sale of ammunition that had belonged to...

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