Russian energy giant Gazprom has agreed to extend its gas supply contract with Moldova for five years, the company announced on Friday, as Chisinau confirmed that the sides also agreed on a formula to settle the country’s debts.
Gazprom and Chisinau “have extended the contract on the Russian gas supplies to the Moldovan customers for five years, starting on November 1,” the company said late on Friday in a short statement. The deal was struck on “mutually beneficial terms,” it added.
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