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Moldova: natural gas consumption has grown significantly against the background of a cold spring, which has led to a significant excess of the limit fixed in the contract with Gazprom.

Moldova: natural gas consumption has grown significantly against the background of a cold spring, which has led to a significant excess of the limit fixed in the contract with Gazprom.

The Moldovagaz press service reported this, noting that, due to the cold spring and the uncharacteristic growth of natural gas consumption in Moldova, including by the enterprises of the heat and power sector, the limit of gas consumption, fixed in the contract between companies Gazprom and Moldovagaz, was significantly exceeded. As of April 2021, this limit was set at 69.3 million cubic meters, one of the highest rates over the past 10 years. At the same time, the actual gas withdrawal amounted to 99.6 million cubic meters at the end of the month (+ 40% of the planned level). The increase in consumption was partially offset by the withdrawal of 30 million cubic meters in March and 20 million cubic meters in April from underground storage facilities in Ukraine, were this volume of gas was pumped in the interests of Moldovagaz last year. The annual consumption of natural gas by the right-bank Moldova varies within 1 billion cubic meters, of which about 80% account for the cold season and the heating season. // 07.05.2021 - InfoMarket

News on the subject

The debt of "Moldovagaz" to "Gazprom" at the end of 2020 exceeded 508 billion 624 million rubles or 6.88 billion in dollar terms.
The debt of "Moldovagaz" to "Gazprom" at the end of 2020 exceeded 508 billion 624 million rubles or 6.88 billion in dollar terms.
Moldovagaz will return more than 304 million lei to non-residential consumers following the recalculation of the cost of gas consumed by them.
Moldovagaz will return more than 304 million lei to non-residential consumers following the recalculation of the cost of gas consumed by them.
Gazprom's revenue from the sale of gas to Moldovagaz in 2020 amounted to 24 billion 179 million Russian rubles ($ 327.3 million).
Gazprom's revenue from the sale of gas to Moldovagaz in 2020 amounted to 24 billion 179 million Russian rubles ($ 327.3 million).
NAER applied to the Secretariat of the Energy Community with a request for assistance in overcoming blockages on the electricity market in Moldova
NAER applied to the Secretariat of the Energy Community with a request for assistance in overcoming blockages on the electricity market in Moldova
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Recent changes to the Code of Contraventions prohibiting the disconnection of debtors from electricity before the expiration of 10 days after receiving an official notification contradicts current regulations and will lead to higher electricity prices - Premier Energy
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The new rules for balancing electricity in Moldova should be put into effect by October 2, 2021 and ensure both competition and stability of the electricity system.