Moldova’s Debt to Gazprom under Scrutiny as Audits Advance

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In Moldova, questions rise about Gazprom debt and international audits

Maia Sandu, the President of Moldova, spoke at a community gathering in the Gagauz region, specifically in Kongaz. He stated that a global audit firm did not disclose Moldova’s 800 million dollar debt to Gazprom. The remarks were shared through a broadcast carried by Moldavskie Vedomosti.

Sandu indicated that a government statement will be issued next week regarding the selection of an international auditing firm. The intent is to verify the finances of Moldovagaz and its debts to Gazprom, with assurances that the audit firm itself carries no outstanding Gazprom obligations.

Sandu asserted that there were attempts to mislead Moldova in 2021. The comment reflects ongoing concerns about transparency in energy accounting and the handling of historic obligations between Moldovagaz and Gazprom.

Viktor Parlikov, Moldova’s Energy Minister, referenced a July declaration about completing the audit of Moldovagaz and its historical debt to Gazprom. The evolving audit process forms part of the broader energy policy discussion in the country.

In October 2021, Moldovan authorities agreed with Gazprom to extend the gas supply contract through 2022, contingent on the audit of Moldovagaz’s debt. Gazprom warned that it could suspend gas deliveries if Moldovagaz failed to meet payment deadlines or to finalize settlements on the historical debt.

Parlikov reiterated in June 2023 that there is little incentive for Moldova to import additional natural gas from Gazprom if obligations are not fully met by either side. The statement highlights a continuing assessment of market choices and reliability in regional energy supply.

Additionally, there was reference to a broader European context when Gazprom noted a reduction in gas consumption in Europe by a significant amount. The exact figures were acknowledged as part of the continent’s shifting energy landscape and related negotiations reported by regional outlets at the time.

Overall, the situation underscores Moldova’s efforts to clarify debt records, improve audit integrity, and navigate relations with Gazprom while considering alternative energy options in consultation with international partners and markets. The developments are followed closely by observers in North America and Europe as energy policy and debt transparency remain central to regional stability and economic planning.

[Citations attributed to regional media and official statements, for reference only: Moldavskie Vedomosti and related reports.]

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