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
ANRE stated that when comparing gas prices in Moldova with European prices, one must take into account regulatory mechanisms, compensation, and billing structures; otherwise, conclusions may be distorted. The agency also noted that inaccurate comparisons are circulating on social media that do not reflect the actual logic behind tariff setting and procurement.
The estimated price of gas contracted for October turned out to be lower than the level the regulator had factored into the fourth-quarter rates. Energocom explains that the final figure is determined based on a market formula and the results of procurement procedures; the full version of the report includes the calculation details and the factors that influenced the price.
Moldova is interested in importing liquefied natural gas from the United States, entering into long-term contracts, and attracting new American investment
In Moldova, new, higher natural gas rates for all Energocom customers took effect on October 1
The Ministry of Energy has announced its readiness to undergo a professional audit of gas procurement and the risk management system at Energocom amid disputes over prices and supply terms. The ministry asserts that purchases were made in accordance with an approved strategy and international procedures, and explains how the company's expenses were calculated and how the loan proceeds were allocated.
The Moldovan government intends to seek long-term gas contracts in order to secure more favorable terms for a portion of its supplies and, at the same time, increase compensation for energy resources during the upcoming cold season. Authorities acknowledge that the negotiations will be difficult, and that decisions regarding support for the population and fuel purchases will require additional resources and external assistance.
Rates for heat supplied to Termoelectrica and CET-Nord customers rose by 62.2%—to 3,277 lei per Gcal—and by 53.3% to 3,374 lei per Gcal, respectively.
In Moldova, natural gas prices for residential consumers will rise by 28.8% starting October 1—from 18.79 to 24.2 lei per cubic meter, excluding VAT (from 20.3 to 26.14 lei, including 8% VAT)
Energocom is asking NARE to raise the natural gas rate for residential consumers in Moldova by another 29.4%—from 18.79 to 24.31 lei per cubic meter, excluding VAT (from 20.3 to 26.25 lei, including 8% VAT)
Loading…
