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The East Gas Energy Trading company, which signed a contract to import gas from Turkey to Moldova, offered it to Energocom at a price of about $500 per 1 thousand cubic meters.

The East Gas Energy Trading company, which signed a contract to import gas from Turkey to Moldova, offered it to Energocom at a price of about $500 per 1 thousand cubic meters.

This was reported by representatives of the state-owned company Energocom, noting that this is significantly higher than the prices at which they purchase gas in the summer-autumn period. At the same time, East Gas Energy Trading, which has no experience in the field of gas trading, requires 100% prepayment and cannot provide a certificate of origin of the supplied gas. “There is no guarantee that the gas is not Iranian, and Moldova risks immediately falling under international sanctions after its purchase,” noted the state-owned company Energocom, making it clear what Energocom’s response will be to this proposal from East Gas Energy Trading. Earlier it was reported that Energocom purchased 280 million cubic meters of gas from September 4 to October 5 from 7 different companies at an average price of $420 per 1 thousand cubic meters. As previously reported by the InfoMarket agency, East Gas Energy Trading (EGET) and the Turkish BOTAS PETROLIUM PIPELINE CORPORATION (BOTAȘ, the national operator for the transportation and sale of natural gas in Turkey), entered into a contract for the supply of natural gas in the amount of 2 million cubic meters daily, starting October 1. “This deal provides an opportunity to diversify alternative sources of gas supplies to Moldovan consumers and will help ensure energy security in the region. EGET is open for cooperation and offers its services to other natural gas suppliers on the Moldovan market, in particular Energocom and Moldovagaz,” East Gas Energy Trading said. East Gas Energy Trading has 4 founders: Mircea Maleca with a share of 30%, Vitalie Șeptefraț - 20%, Ecer Invest SRL - 20% and H Kapitalz SRL (founded and managed by Maria Cebotari) - 30%.// 13.10.2023 — InfoMarket

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