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The gas supplier for Moldovagaz in July will be Energocom, which will supply it with approximately 15 million cubic meters of gas.

The gas supplier for Moldovagaz in July will be Energocom, which will supply it with approximately 15 million cubic meters of gas.

Moldovagaz enterprise reported this, noting that as a public service provider and in the context of implementing the provisions of the Law on Natural Gas, as well as in order to achieve a balance between the minimum purchase price and the provision of gas to end consumers, the company initiated gas purchase for July through the BRM East Energy trading platform. As a result of the auction held on the BRM East Energy trading platform on June 17, Energocom was identified as the gas supplier for Moldovagaz for July. According to the terms of the auction, the volume of natural gas contracted by the parties is 159,600 MWh, or 15 million cubic meters (estimated). The delivery price will be determined on the last day of June of the current year, while its formula is tied to the TTF front month index, and it will be published on July 1. It should be noted that in the previous few months, the state-owned company Energocom also became the winner of the auctions organized by Moldovagaz on the BRM East Energy gas supply platform. In particular, in June the purchase price of gas that Energocom supplied to Moldovagaz amounted to 349.79 euros per 1 thousand cubic meters against 331.22 euros a month earlier. // 18.06.2024 - InfoMarket.

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