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Greek company DEPA Commercial has won the Energocom-announced tender for the supply of more than 100 million cubic meters of gas to Moldova.

Greek company DEPA Commercial has won the Energocom-announced tender for the supply of more than 100 million cubic meters of gas to Moldova.

Energocom reports that on September 5, the state-owned company successfully held a new auction for the purchase of natural gas, which will significantly increase the security of gas supply to Moldova in the coming winter. The tender was held for the supply of natural gas volumes exceeding 100 million cubic meters/1 TWh, intended for storage and covering a significant part of gas supplies to the Moldovan market during the winter period. The purchase of this volume of gas will be financed by the European Bank for Reconstruction and Development, which signed earlier a loan agreement with the Moldovan government. The winner of the auction was recognized the Greek company DEPA Commercial, which presented the most competitive offer among the participants. The purchase and sale price of this gas is not named. DEPA Commercial director Konstantinos Xifaras said that the positive result of the recent tender further strengthens the already strong partnership between the two companies and confirms the Greek company's intention to remain Moldova's largest strategic supplier in Europe, contributing to the security of natural gas supply and the diversification of sources of supply to Moldova's gas market. "We continue to strengthen our relationship with DEPA Commercial, which helps Moldova to increase its energy security and diversify its energy supply sources," Energocom director Victor Binzari said in turn. // 13.09.2023 – InfoMarket

News on the subject

NAER approved a contract between Moldovatransgaz and Vestmoldtransgaz for the lease of Moldova's gas transmission networks to the latter.
NAER approved a contract between Moldovatransgaz and Vestmoldtransgaz for the lease of Moldova's gas transmission networks to the latter.
Moldova and Romania are discussing options and conditions for the supply of Romanian electricity in the event that it is impossible to sign a new contract with MoldGRES.
Moldova and Romania are discussing options and conditions for the supply of Romanian electricity in the event that it is impossible to sign a new contract with MoldGRES.
The 400 kV high-voltage power line Vulcanesti-Chisinau, with a total length of 157 km, will cross 8 regions of the country.
The 400 kV high-voltage power line Vulcanesti-Chisinau, with a total length of 157 km, will cross 8 regions of the country.
The European Union will invest 13 million euros to help Moldova overcome the energy crisis and reduce greenhouse gas emissions.
The European Union will invest 13 million euros to help Moldova overcome the energy crisis and reduce greenhouse gas emissions.
NAER will consider the issue of applying financial sanctions to Moldovatransgaz on September 15.
NAER will consider the issue of applying financial sanctions to Moldovatransgaz on September 15.
Moldova is calling for an increase in the reverse capacity of the Trans-Balkan Pipeline to facilitate regional gas imports amid risks of reduced supplies.
Moldova is calling for an increase in the reverse capacity of the Trans-Balkan Pipeline to facilitate regional gas imports amid risks of reduced supplies.