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    Russia raises natural gas price for Moldova 45%

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    Russia and Moldova have signed a contract raising gas prices for the former Soviet republic from $110 early this year to $160 per 1,000 cubic meters from the second half of 2006, Gazprom (RTS: GAZP) said Monday.

    MOSCOW, July 3 (RIA Novosti) - Russia and Moldova have signed a contract raising gas prices for the former Soviet republic from $110 early this year to $160 per 1,000 cubic meters from the second half of 2006, Gazprom (RTS: GAZP) said Monday.

    "Under a contract signed by Gazprom and Moldovagaz, gas will be supplied to Moldova in the second part of 2006 at $160 per 1,000 cubic meters," the Russian energy giant said.

    Gazprom said in 2005 it had supplied 2.82 billion cu m of natural gas to Moldova.

    The company is seeking to gradually raise the price it charges for gas supplies to former Soviet republics up to the average European price of $250.

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