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Even if the contractual gas cost formula is changed, the price of natural gas for Moldovagaz end-users cannot be reduced, Vadim Ceban said.

Even if the contractual gas cost formula is changed, the price of natural gas for Moldovagaz end-users cannot be reduced, Vadim Ceban said.

Chairman of Moldovagaz Board stated that there are objective reasons for this. First of all, the National Energy Regulatory Agency (ANRE) based its calculations on an average annual tariff of $926.94 per thousand cubic meters of natural gas, which is $146.8 less than the forecasted price of purchase in October ($1073.73). In November, this difference will be $96.8, with a forecast price of $1023.7 per thousand cubic meters. Thus, according to the provisions of the Methodology of calculation, approval and application of regulated prices and tariffs for natural gas supply, ANRE included the tariff deviations accumulated by Moldovagaz for January-September in the amount of 1,817.5 million lei into the tariff effective from October 1. Ceban clarified that the adopted tariff allows not only to compensate for the costs of the enterprise, but also not to accumulate new deviations, which will inevitably lead to a new price increase for consumers. // 04.10.2022 - InfoMarket.

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Moldova's energy resources imports in January-July 2022 amounted to $1 billion 316.3 million in monetary terms and increased 2.9 times compared to the same period in 2021.
Moldova's energy resources imports in January-July 2022 amounted to $1 billion 316.3 million in monetary terms and increased 2.9 times compared to the same period in 2021.
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Compared to the same period in 2021, Moldova increased its oil and oil products exports almost 20-fold in monetary terms in January-July 2022 - to $260.64 million.