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Energocom has fully utilized the first tranche of the EBRD loan of 100 million euros, having purchased 101.2 million cubic meters of gas at an average price of $967.7 per thousand cubic meters.

Energocom has fully utilized the first tranche of the EBRD loan of 100 million euros, having purchased 101.2 million cubic meters of gas at an average price of $967.7 per thousand cubic meters.

The Public Property Agency informed about it, adding that the gas was bought within the frames of a 100 million euros loan from the European Bank for Reconstruction and Development, granted to Moldova for the "Security of Gas Supply" project. For this amount 101.2 million cubic meters of gas were purchased at an average price of $967.7 per thousand cubic meters. All of this gas was purchased from the European Union. A total of 30 auctions were organized between October 17 and November 2 with the participation of observers from donor and local authorities, security and law enforcement agencies. // 03.11.2022 - InfoMarket.

News on the subject

Moldova for the first time imported natural gas through the reverse system, from West to East - Andrei Spinu.
Moldova for the first time imported natural gas through the reverse system, from West to East - Andrei Spinu.
In Moldova, tariffs for electricity for end consumers have been sharply increased, which will come into force on November 4.
In Moldova, tariffs for electricity for end consumers have been sharply increased, which will come into force on November 4.
The Cabinet of Ministers approved the initiation of negotiations and the signing of a grant agreement between Moldova and the European Commission for 25 million euros under the EU for Recovery and Resilience Program.
The Cabinet of Ministers approved the initiation of negotiations and the signing of a grant agreement between Moldova and the European Commission for 25 million euros under the EU for Recovery and Resilience Program.
The EU-Moldova Association Parliamentary Committee called on the European Commission and EU member states to increase financial and technical assistance to Moldova.
The EU-Moldova Association Parliamentary Committee called on the European Commission and EU member states to increase financial and technical assistance to Moldova.
NAER will urgently approve new electricity tariffs for consumers on November 2 due to the increase in purchase prices.
NAER will urgently approve new electricity tariffs for consumers on November 2 due to the increase in purchase prices.
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.