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Energocom will provide the public service of ensuring the purchase and storage of natural gas in emergency situations.

Energocom will provide the public service of ensuring the purchase and storage of natural gas in emergency situations.

The government approved a resolution to this effect at a meeting on Wednesday. The document creates a legal mechanism which will allow Energocom to transparently initiate the procedure of purchasing the necessary volume of natural gas for its subsequent storage. This will allow ensuring security of gas supplies to consumers in emergency situations, in line with the provisions of the Law on Natural Gas and the agreement on the EBRD loan for the implementation of the project "Security of Natural Gas Supply" in Moldova. According to the document, Energocom is obliged to provide a public service of natural gas supply in emergency situations for 3 years. It is stipulated that Energocom buys or ensures the storage of natural gas and sells it to suppliers approved by ANRE on the basis of a framework contract of purchase and sale. The document stipulates specific situations in which Energocom will be able to sell natural gas purchased by Energocom in case of emergencies: if the supply of natural gas under existing contracts is suspended or limited; if natural gas needs to be supplied to consumers in volumes exceeding the contracted volumes; if the price of gas supplied by Energocom is lower than the price contracted with the main suppliers. // 10.08.2022 - InfoMarket.

News on the subject

Natural gas tariffs for household consumers in Moldova increased by an average of 120.88% in January-July 2022, and by 301.29% in the last 12 months (July 2022 to July 2021).
Natural gas tariffs for household consumers in Moldova increased by an average of 120.88% in January-July 2022, and by 301.29% in the last 12 months (July 2022 to July 2021).
Combustible and fuel prices in Moldova increased by an average of 49.81% in January-July 2022, and by 66.89% over the last 12 months (July 2022 to July 2021).
Combustible and fuel prices in Moldova increased by an average of 49.81% in January-July 2022, and by 66.89% over the last 12 months (July 2022 to July 2021).
In 1H 2022, Moldova (not including Transnistria) reduced the volume of natural gas purchases in physical terms by 11.9% - to 604.8 million cubic meters relative to the same period of 2021.
In 1H 2022, Moldova (not including Transnistria) reduced the volume of natural gas purchases in physical terms by 11.9% - to 604.8 million cubic meters relative to the same period of 2021.
According to preliminary data, about 80% of Moldova's consumers will receive compensation from the state for gas, heat and electricity.
According to preliminary data, about 80% of Moldova's consumers will receive compensation from the state for gas, heat and electricity.
NAER approved an increase in the tariff for the supply of gas by "Moldovagaz" to household consumers by 23.5% - up to 23 lei per 1 cubic meter including VAT.
NAER approved an increase in the tariff for the supply of gas by "Moldovagaz" to household consumers by 23.5% - up to 23 lei per 1 cubic meter including VAT.
On-line education and turned off street lights at night may be used in Moldova as ways to save gas during the heating season.
On-line education and turned off street lights at night may be used in Moldova as ways to save gas during the heating season.