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The deadline for electricity purchase by the state-run Energocom on the basis of direct negotiations has been extended to November-December.

The deadline for electricity purchase by the state-run Energocom on the basis of direct negotiations has been extended to November-December.

This decision was adopted by the Commission for Emergency Situations in order to meet electricity needs in conditions of shortages resulting from Russian attacks on the Ukrainian energy infrastructure, as well as limited volumes of natural gas supplied to Moldova by Gazprom. It is stipulated that in order to meet the electric power needs of the internal market, Energocom will be able to conclude contracts for electricity supply based on direct negotiations and/or through the exchange. Universal service providers, guaranteeing suppliers and system operators, will purchase the energy required by end users on the basis of bilateral contracts concluded with Energocom, and in case of changes, additional agreements will be concluded within 2 working days. // 01.11.2022 - InfoMarket

News on the subject

The actual purchase price of gas for Moldova in October this year amounted to $1,026.36 per 1,000 cubic meters, and in November it is expected at $821.58.
The actual purchase price of gas for Moldova in October this year amounted to $1,026.36 per 1,000 cubic meters, and in November it is expected at $821.58.
The French Development Agency will allocate 60 million euros for the energy sustainability and the railway sector modernization in Moldova.
The French Development Agency will allocate 60 million euros for the energy sustainability and the railway sector modernization in Moldova.
On November 1, a new agreement between the Republic of Moldova and the EU will come into force, designed to simplify trade between the parties and increase trade turnover.
On November 1, a new agreement between the Republic of Moldova and the EU will come into force, designed to simplify trade between the parties and increase trade turnover.
An IMF mission led by Ruben Atoyan will be visiting Moldova on October 31 to November 11.
An IMF mission led by Ruben Atoyan will be visiting Moldova on October 31 to November 11.
Moldova can receive liquefied gas in transit through Bulgaria from terminals in Turkey and Greece.
Moldova can receive liquefied gas in transit through Bulgaria from terminals in Turkey and Greece.
Even during the war in the neighboring country and the energy crisis, Moldova managed to attract several foreign investors - Marin Ciobanu.
Even during the war in the neighboring country and the energy crisis, Moldova managed to attract several foreign investors - Marin Ciobanu.