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The tender for the purchase of gas Moldovagaz required for June through BRM East Energy platform has been canceled and a new tender will be held.

The tender for the purchase of gas Moldovagaz required for June through BRM East Energy platform has been canceled and a new tender will be held.

According to BRM East Energy, taking into account the invalidation of the result of transaction BRMEE_GAS_23_04_2024 by Moldovagaz SA due to the non-compliance of the bidder/auction winner with the specifications from the annexes to the purchase bid, the auction will be resumed under the same conditions. The website of BRM East Energy stock exchange doesn’t specify the auction bidder/winner who has won in violation of the rules. Victor Binzari, Interim Director of the state-run Energocom, told MoldStreet.com that the company he heads participated in the auction, but he does not know who the other competitors were, including the winner, and why the auction was canceled. It should be noted that Moldovagaz's first tender in April 2024 to buy the gas needed for May was won by the state-owned Energocom. According to the documents published on the BRM East Energy page, Moldovagaz requested a volume of 170 40 MWh or 16 million cubic meters of gas. At the same time, unlike the April 2024 auction, Moldovagaz changed both the pricing formula and the requirements for participants. Thus, the new specific requirements for participation include "experience as a supplier or trader on the natural gas market during the last 5 years of activity" and "fulfillment of obligations to pay financial contributions for gas reserve stocks". Thus, practically no local company meets the new requirements set by Moldovagaz. According to ANRE, only Rotalin Gaz Trading and Nord-Gaz Sîngerei and Lăcătuş SRL could meet these requirements, but the latter two are not included in the list of BRM East Energy participants. As MoldStreet.com writes, Vadim Ceban, Chairman of the Board of Moldovagaz, motivated these new requirements by legal provisions, the desire to attract serious suppliers and to get the lowest possible gas prices. "So that we have safe and guaranteed offers," said Vadim Ceban. Besides Energocom and Moldovagaz, the following companies are registered as participants of the exchange: Vestmoldtransgaz, Transautogaz, Rotalin Gaz Trading, Natural Gaz DC, National Power Corp and East Gas Energy Trading. It is planned that a new auction for BRM East Energy will be held on Friday, May 24, at 15:00 under the same conditions. // 24.05.2024 - InfoMarket.

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