Gas prices
In Moldova, residential electricity rates rose by 23.65% over the past year
In Moldova, rates for a number of key services changed significantly in September, particularly in the utilities sector: some rates remained unchanged, while others saw a sharp monthly increase. New statistical data also show mixed trends for electricity, gas, heating, transportation, and healthcare services—the full version of this article compiles all the important details and comparisons.
Annual inflation in Moldova continues to rise, reaching 8.6% in September
Annual inflation in Moldova accelerated in September and has remained above the National Bank's target range for the second consecutive month. The most significant price increases were seen in certain categories of goods, fuel, and regulated services, although price trends varied across different segments.
In Moldova, the rise in gas rates was attributed to higher fuel prices on the global market
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.
In September, Energocom purchased electricity at a price of 157.42 euros per MWh
In September, Energocom increased its electricity purchases amid new market conditions, with imports continuing to account for the bulk of the volume. The company also notes a change in the structure of its purchases, which affects the weighted average price and highlights the role of peak hours and contracts with regional suppliers.
Moldova and the EU Discussed Compensation for Families Amid High Gas Prices
Moldova and the EU discussed measures to support the population amid persistently high gas prices, including a compensation program for the most vulnerable families. The talks in Brussels also touched on issues of energy security, system resilience, and broader cooperation with the European Union in the areas of internal security and borders.
Energocom explained why it was unable to purchase all of its gas in advance for the winter of 2026–2027
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 hopes to conclude negotiations on EU accession by 2028
Moldova plans to complete the technical work required to conclude negotiations on accession to the European Union by early 2028 and to prepare the country for EU membership by 2030, and the new tranche of 157 million euros allocated to it will expand opportunities for financing domestic investments—Vasile Tofan
Moldova's Ministry of Energy has proposed lowering gas prices by improving distribution efficiency
In Moldova, to lower gas prices, it is necessary to improve the efficiency of the gas distribution system, since "Moldovagaz" and its 12 subsidiaries currently account for about 5 lei in costs per cubic meter on our bill—Ministry of Energy
ANRE called for an objective comparison of gas prices in Moldova and Europe
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.
Energocom's gas price in October will be lower than the ANRE's estimated rate
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.
New, higher natural gas rates for all Energocom customers have taken effect in Moldova
In Moldova, new, higher natural gas rates for all Energocom customers took effect on October 1
The Ministry of Energy is prepared to conduct an audit of Energocom's gas procurement and risk management
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.
New shipments of fuel have arrived in Moldova; gasoline reserves will last for 30 days, and diesel reserves for 10 days
Over the past 24 hours, Moldova has received 620 tons of gasoline and 3,000 tons of diesel fuel; current gasoline reserves are sufficient for approximately 30 days, and diesel fuel reserves for 10 days
Moldova Is Seeking Long-Term Gas Contracts and Increasing Compensation for Energy Resources
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.
Loading…