Energocom will receive a loan of up to €400 million to ensure gas and electricity supplies during the heating season
The Ministry of Energy announced this, noting that an agreement on a state guarantee for this loan was signed on July 8 between the Ministry of Finance and the European Bank for Reconstruction and Development. The funds will be used to implement the “Strengthening Moldova's Energy Security” project with the aim of ensuring uninterrupted supplies of natural gas and electricity to end users. During the signing ceremony, Energy Minister Dorin Junghietu noted that Energocom has proven itself to be a reliable and responsible partner in ensuring gas supplies to the population. "With this financial instrument, we will strengthen the state's ability to respond quickly and effectively to potential crises, ensuring the continuity of energy supplies to citizens. Ensuring the continuous supply of energy resources is a strategic priority for Moldova. This is an essential factor in protecting the population, especially the most vulnerable groups, as well as in maintaining economic and social stability," said the head of the Ministry of Energy. The new loan, totaling up to €400 million, will be disbursed in three tranches of €300 million and supplemented by a €100 million revolving credit line for a period of five years. These funds will enable Energocom to make strategic purchases of natural gas and electricity to fulfill its obligations to provide public services to end users in the country, especially during the 2025–2026 heating season. According to the Ministry of Energy, these funds will be received in the context of the expiry in August of the Moldova Gas Security Supply Project signed in 2022, which also included a credit line from the EBRD. The project will have a significant positive social impact, helping to protect the interests of the population, especially vulnerable households. The Ministry of Energy emphasizes that the financial line provided by the EBRD is the result of competitive negotiations and meets the need to ensure the country's energy security through a sustainable and flexible mechanism. It does not create a financial burden on the state budget, except in exceptional circumstances, as it is designed as an instrument of protection and stability in a geopolitical context marked by uncertainty. // 08.07.2025 – InfoMarket.
