12:06 GMT +316 February 2019
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    Gazprom to keep gas price for Moldova unchanged in Q2

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    MOSCOW, March 31 (RIA Novosti) - Energy giant Gazprom will maintain current prices for natural gas supplies to Moldova through the second quarter of 2006, the company said Friday

    "Moldova has made new proposals on cooperation in the energy sector, and we agreed to implement a joint action plan in Q2 [2006] while maintaining current prices for gas supplies to the country," Gazprom said in a statement.

    Gazprom currently sells Moldova natural gas at $110 per 1,000 cubic meters.

    The company announced Thursday it would raise prices for neighboring Belarus to European levels.

    "In 2007, Russia should provide natural gas to Belarus at European prices," Gazprom CEO Alexei Miller said. Belarusian officials said they would present proposals for the 2007 deal by April 30, a Gazprom news release said.

    Belarus is currently the only remaining country that buys gas at rates close to the heavily-subsidized prices Gazprom offers to Russian domestic consumers. Under a contract signed in December, Gazprom will sell 21 billion cubic meters of gas this year at $46.68 per 1,000 cubic meters in 2006.

    Gazprom sells natural gas at rates varying from the low price for Belarus to the $230 per 1,000 cu m imposed on Ukraine following the highly publicized spat earlier this year that saw supplies to the former Soviet republic briefly suspended amid allegations of gas theft on the Ukrainian side.