OREANDA-NEWS. April 06, 2009. Russian natural gas’s price for Moldova for the second quarter of 2009 will total about US250 for a thousand cubic meters. It was said by the Chairman of Board of the Moldovan-Russian Moldovagaz JSC Alexandr Gusev at the press conference.

He said the precise price would be known approximately by April 15 when all data about the oil products prices dynamics for the last nine months are collected.

As it was reported earlier, Russian natural gas’s price for Moldova in the first quarter totaled US 332.6 for a thousand cubic meters. Moldovan authorities said they expected reduction in price for gas starting from the second quarter due to the reduction of oil products’ prices on the world markets.

Under the contract between Moldovagaz and Gazprom companies, the purchase price of natural gas for Moldova is fixed quarterly basing on the average price of gas supplied to European states taking into account the decreasing co-efficient for Moldova that amounts to 0.8 in 2009.

The average purchase price of gas for Moldova in 2008 totaled US 232.37 for a thousand cubic meters, up 34.4% against the indicator of the year of 2007 (US 172.89).

According to the National Power Regulating Agency’s data, in particular, starting from January 1, 2008, the purchase price for Russian gas for Moldova was increased by 12.4 per cent – from US 170 to US 191 for a thousand cubic meters.

In the second quarter of 2008, the price grew to US 217 for a thousand cubic meters, in the third quarter – to US 258, in the fourth quarter – to US 283 for a thousand cubic meters. The Chairman of Board of the Moldovagaz JSC Alexandr Gusev said earlier than the average annual purchase price of natural gas for Moldova in 2009 won’t be more than US 250 for a thousand cubic meters.