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Energy

Moldovagaz is negotiating with Gazprom a new model for calculating the cost of natural gas, and the price can be partially tied to its value in the spot market.

Moldovagaz is negotiating with Gazprom a new model for calculating the cost of natural gas, and the price can be partially tied to its value in the spot market.

08.04.2020

This was reported by Moldovagaz enterprise, noting at the same time that, according to the current contract with the Russian gas holding, and based on the purchase price formula laid down in it, a significant decrease is forecasted in the 3rd and 4th quarters of 2020. In its commentary on purchase prices for natural gas on the spot market, Moldovagaz JSC drew attention to the fact that natural gas is sold on the spot market not so much through traditional commodity exchanges, but through special energy hubs. In the case of continental Europe, the most significant are the Dutch TTF, as well as the ...
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