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    GAZP   RU0007661625

GAZPROM

(GAZP)
  Report
End-of-day quote Moscow Micex - RTS  -  2022-07-07
198.00 RUB   +0.04%
02:48pTurkStream gas pipeline says Netherlands withdraws licence, to continue gas exports
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02:09pNord Stream leaks spur accusations of 'sabotage'
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01:44pMoldova to pay Gazprom late advance payment to avert gas cut off -source
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Moldova can't pay for Russian natural gas in August -website

08/10/2022 | 07:10pm EDT

Aug 10 (Reuters) - Moldova cannot afford to pay for natural gas from Russia's Gazprom PAO in August and will have to hope for a deferral, the head of its state gas company was quoted as saying on Wednesday.

Moldova and Gazprom agreed a five-year contract that began on Nov. 1 last year and requires a prepayment by the 20th of each month.

"I can tell you right now that we are unable to pay," Moldovagaz Chairman Ion Ceban told the Moldovan news site NewsMaker. "We will cover July, but we cannot make the advance payment for August. That is clear."

Ceban said the small ex-Soviet republic, which over the past year has faced repeated difficulties in meeting its gas bills, hoped to reach a new agreement in the fourth quarter under which it would pay less.

"The only thing that can help us at the moment would be deferring payment of this sum until the fourth quarter," NewsMaker quoted him as saying.

Deputy Prime Minister Andrei Spinu said last week that Moldovagaz had requested deferred payment for August, but had yet to receive a reply.

Gazprom has warned Moldovagaz twice in the past year that it could halt supplies over payment delays.

(Reporting by Ronald Popeski; editing by David Ljunggren and Leslie Adler)


© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
GAZPROM 0.04% 198 End-of-day quote.-42.32%
S&P GSCI NATURAL GAS INDEX -1.16% 321.8466 Real-time Quote.87.08%
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02:48pTurkStream gas pipeline says Netherlands withdraws licence, to continue gas exports
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Financials (USD)
Sales 2021 10 241 B 162 B 162 B
Net income 2021 2 093 B 33 210 M 33 210 M
Net Debt 2021 2 927 B 46 436 M 46 436 M
P/E ratio 2021 0,05x
Yield 2021 1 143%
Capitalization 4 682 B 80 143 M 74 282 M
EV / Sales 2020 1,44x
EV / Sales 2021 1,08x
Nbr of Employees 468 000
Free-Float 50,5%
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Income Statement Evolution
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Mean consensus -
Number of Analysts 0
Last Close Price 198,00
Average target price
Spread / Average Target -
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Managers and Directors
Alexei Borisovich Miller Deputy Chairman & Chairman-Management Board
Viktor Alexeevich Zubkov Chairman
Denis Vladimirovich Fedorov Head-Marketing & Administration Department
Yuri Stanislavovich Nosov Head-Administration Department
Timur Askarovich Kulibayev Independent Director
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