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Russia Tells Moldova To Reject EU Energy Deal For Gas Discount

Russia Tells Moldova To Reject EU Energy Deal For Gas Discount
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Τετ, 12 Σεπτεμβρίου 2012 - 16:55
Russia's Energy Minister said Wednesday that Moldova should withdraw from an agreement to integrate with the European gas market if it wants to receive a discount on Russian gas, Russian newswires reported.
Russia 's Energy Minister said Wednesday that Moldova should withdraw from an agreement to integrate with the European gas market if it wants to receive a discount on Russian gas, Russian newswires reported.

"We think Moldova should first of all denounce the protocol on entering the European energy community agreement. This is a condition for us to consider the question of lowering the price of gas," Alexander Novak was quoted as saying. He was speaking before a meeting between Russian President Vladimir Putin and Moldovan Prime Minister Vlad Filat.

Mr. Novak added that Moldova had asked for a 30% discount.

Russia has criticized European Union efforts to liberalize its energy market, which could harm the interests of its gas giant OAO Gazprom (GAZP.RS), which supplies around a quarter of the EU's gas needs. Tensions were raised last week when the EU's executive arm announced the official opening of a probe into whether Gazprom had violated antitrust rules.

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