Fuel prices in Moldova have gradually risen following the US announcement of sanctions against Russian oil companies, with diesel fuel prices seeing a more significant increase - the National Energy Regulatory Agency (ANRE)
ANRE reported this, noting that on October 22, the Office of Foreign Assets Control (OFAC) of the US Department of the Treasury announced sanctions, which will take effect on November 21, against Russian companies Rosneft and Lukoil, as well as against any companies in which they, directly or indirectly, individually or collectively, own at least 50% of the shares. As noted by ANRE, the regional fuel market immediately reacted to this decision with price increases. Since the announcement of the sanctions, retail prices for gasoline and diesel fuel have gradually increased in the Moldovan market, which is 100% dependent on imports. In the case of diesel fuel, the increase is more significant, which is largely due to high demand for it in the European market. As the energy regulator points out, in the commercial region, of which Moldova is a part, all attention is focused on the fate of the assets of Lukoil, which occupies a significant place in the petrol station network segment and also owns two large oil refineries in Bulgaria and Romania. ANRE analyzes information about these assets and the dynamics of imported fuel stocks on a daily basis. However, the lack of final decisions on the measures taken in neighboring countries continues to create uncertainty, heightening the concerns of oil product traders, which is reflected in the Platts quotations, a reference indicator used by ANRE to set final prices for consumers in Moldova. Under these circumstances, ANRE set the following maximum retail prices for standard petroleum products for the period from November 15 to 17: COR 95 gasoline - 23.22 lei/liter (+5 bani); standard diesel fuel - 20.92 lei/liter (+3 bani). The National Energy Regulatory Agency stated that, together with other state institutions, it is closely monitoring the situation in the region and developments on international oil exchanges, ensuring maximum transparency and fairness of the current pricing mechanism for consumers. // 14.11.2025 – InfoMarket.
