Annual inflation in Moldova in September 2026 stood at 8.6%, up by 1.64 percentage points, compared to the previous month and, for the second consecutive month, exceeded the upper limit of the NBM's target range (5% ±1.5 percentage points)
Moldova is preparing an update to the energy component of its European integration program, with a particular focus on the security of gas supplies, inventory management, and adaptation to new European requirements for the energy market. Authorities are also reviewing priorities for the coming years, including measures to increase market transparency and strengthen oversight in the oil and gas sector.
The estimated purchase price of gas contracted by Energocom for November is approximately 87.271 euros/MWh, compared with 76.346 euros/MWh in October
From October 26 to November 1, 12.21 million cubic meters of natural gas were consumed on the right bank of the Nistru, which is 43.3% less than during the same period last year, when consumption totaled 21.55 million cubic meters
The state-owned company Energocom announced that it has completed its gas preparations for the cold season and is now moving on to forming its electricity procurement portfolio. The company plans to cover the shortfall by sourcing from external markets, taking into account regional market conditions and the availability of transmission capacity.
Moldova is asking the EU for additional financial support to help vulnerable households this winter amid rising energy prices, and is also interested in accessing European joint gas procurement mechanisms, which could help secure more favorable gas prices—Ministry of Energy
Moldova's economic agenda is being reshaped on several fronts, from a revised growth outlook and new energy rules to fresh moves in trade regulation and public investment. At the same time, major financing, infrastructure and banking developments point to a busy period ahead for businesses and policymakers.
Moldova successfully tested a mechanism for purchasing gas in Ukraine, and Energocom acquired its first 2 million cubic meters of gas on the Ukrainian exchange at a price lower than that on the TTF spot market
Moldova expects to begin importing gas from the Black Sea as early as the fall of 2027, following the launch of a major Romanian offshore project. In Chisinau, officials also discussed accelerating the development of electricity interconnections between the two countries and next steps on key infrastructure projects.
On October 22, Chișinau will host another conference dedicated to the energy transition and regional market integration. Participants will discuss key challenges facing the industry, infrastructure projects, grid flexibility, and cybersecurity issues, as well as provide a practical perspective on cooperation between Moldova and Romania.
Moldova explained how the gas tariff is calculated and why its increase is primarily due to external market conditions. The Ministry of Energy also highlighted the cost structure within the supply chain and announced measures it is preparing to support the most vulnerable consumers.
Moldova achieved a favorable outcome in an international investment arbitration case related to gas market regulation and measures adopted over the years. The tribunal rejected all of the claimants' financial claims and separately confirmed the legality of one of the contested sanctions, which may have implications for future practice in the energy sector.
The state-owned company explained why it was unable to secure the entire volume of gas in advance for the upcoming cold season: the decision was influenced by the repayment schedule for the credit line, the characteristics of the liberalizing market, and the need to synchronize purchases with transportation capacity. Energocom also noted that when planning supplies, it relies on international price indicators and strives to avoid additional costs for consumers.
Moldova intends to expand cooperation with Azerbaijan in the energy sector and is ready to serve as a "gateway" to the European market for Azerbaijani companies
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