08:30 GMT16 June 2021
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    Chisinau hopes that Moscow will meet it halfway and restructure Moldova's gas debt, Moldovan Ambassador to Russia Dumitru Braghis told Sputnik.

    MOSCOW (Sputnik) — Chisinau hopes that Moscow will approve a proposed scheme to restructure Moldova's gas debt to Russia's energy giant Gazprom, Moldovan Ambassador to Russia Dumitru Braghis told Sputnik.

    "Transnistria's debt amounts to about 88 percent of the whole of Moldova's debt to Gazprom. Transnistria did not pay for gas in recent years. In this context, Moldovagaz, a Gazprom subsidiary in Moldova… has made a proposal to Gazprom for debt restructuring. As far as I know, the Gazprom leadership has not made any decision on this issue yet but we hope this proposal will finally be approved," Braghis said.

    In February, Gazprom filed a lawsuit with the International Commercial Arbitration Court at the Russian Chamber of Commerce and Industry to recover a debt from Moldovagaz for 2013 gas supplies in the amount of $562.3 million. Gazprom is the main supplier of gas to Moldova.

    Transnistria, a region with a predominantly Russian and Ukrainian population, broke away from the Soviet Republic of Moldova in 1990, fearing the country might seek to reunify with neighboring Romania. The move triggered a war which ended in a ceasefire in July 1992, but the conflict has remained unresolved.

    The region is now striving for international recognition, while Moldova is offering Transnistria autonomy within a unitary state.


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    restructuring, debt, Gazprom, Dumitru Braghis, Russia, Moldova
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