The negotiations on the new contracts for the purchase of electricity (the current ones expire at end-March) are under way, IPN reports, quoting Deputy Prime Minister and Minister of Economy Octavian Calmac. This was asked by Prime Minister Pavel Filip to provide succinct information on the issue in the February 24 meeting of the Cabinet.

Calmac said that Energocom – the company that purchases electric power for the state – and the private power distributor on January – February have held negotiations will all the suppliers and exporters of electricity from Russia and Ukraine and with other exporters.

“The first signals about the price show that we can count on significant reductions, but the negations go on and I do not want to anticipate,” said the minister, adding that representatives of the Russian gas giant Gazprom will come to Moldova next week.

Pavel Filip repeatedly asked that the responsible institutions should ensure maximum transparency when setting the tariffs of energy resources for end-users.