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Over 9 months of 2020, Moldova reduced the import of energy resources and electricity in value terms by 37.3% - to $405.28 million relative to the same period in 2019

Over 9 months of 2020, Moldova reduced the import of energy resources and electricity in value terms by 37.3% - to $405.28 million relative to the same period in 2019

These are the data of Moldova’s balance of payments for January-September 2020, published by the National Bank of Moldova (NBM). At the same time, in the first quarter of 2020, the import of energy resources and electricity in value terms amounted to $203.8 million, in the second quarter of 2020 - $94.1 million, and in the third quarter of 2020 - $107.38 million (the same periods last year - $241.02 million, $203.6 million and $201.59 million). Thus, in the III quarter of 2020, compared to the same period in 2019, imports of energy resources and electricity to Moldova in value terms decreased by almost 1.9 times (-46.7%), which was due to both a decrease in procurement prices, and a decrease in the physical volume of energy imports. In particular, in the third quarter of 2020, compared to the same period in 2019, imports of diesel fuel to Moldova in value terms decreased by 45.6% - from $112.4 million to $61.2 million, gasoline - by 42.5% - from $29.16 million to $16.76 million, natural gas - by 42.7% - from $21.92 million to $12.55 million, coal - by 19.6% - from $5.52 million to $4.44 million, and there was no electricity import in the third quarter of 2020, since from April 2020 Moldova stopped buying it from Ukraine, and electricity was supplied only by the Moldovan HPP district from the Transnistrian region. As follows from the data of the NBM, in general for 9 months in 2020, relative to the same period of the previous year, Moldova reduced the import of diesel fuel in value terms - by 36.3% - from $291.67 million (in January-September 2019) to $185.92 million (in January- September 2020), natural gas by 30.8% - from $167.92 million to $116.22 million, gasoline - by 38% - from $79.85 million to $49.44 million, coal - by 22.9% - from $13.33 million to $10.28 million, while imports of energy resources in the "Other" section - decreased by 43.4% - from $62.43 million over 9 months in 2019 to $35.31 million over 9 months in 2020. // 05.01.2021 - InfoMarket.

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