Siegfried Mureșan: The Republic of Moldova will be able to purchase and store natural gas in the European Union

The Republic of Moldova will benefit from the European mechanism for the joint purchase and storage of natural gas, Romanian MEP Siegfried Mureșan said in Brussels. The parliamentarian said that the Republic of Moldova will need additional volumes of gas, and currently there are capacities to buy from international markets.

The Republic of Moldova bought electricity from Romania at a price of 415 euros

The Republic of Moldova bought electricity from Romania yesterday at the price of 415 euros per mW/h. This was announced by the Minister of Infrastructure, Andrei Spânu, during a show on Jurnal TV. The Deputy Prime Minister said that the Government will provide electricity compensation for the first 75 KW consumed, only for citizens who are included in the first two categories of high energy vulnerability.

The Republic of Moldova will receive 27 million dollars from the IMF

The Republic of Moldova will receive 27 million dollars from the International Monetary Fund (IMF). The representatives of the IMF reached an expert-level agreement with the authorities of the Republic of Moldova regarding the economic policies necessary to complete the second evaluation of the program supported by the Extended Credit Mechanism and the Extended Financing Mechanism. The agreement is to be approved by the Board of Executive Directors of the IMF in January 2023.

From December 1st, Moldova will procure cheaper electricity from Romania

The SA "Energocom" will procure electricity from the Romanian company "Hidroelectrica" ​​from December 1st at the price of 450 Romanian lei or the equivalent of 90 euros.

"Gazprom's" delivery to the Republic of Moldova, until the end of November, will amount to 5.7 million ㎥ of gas

Gazprom will deliver to the Republic of Moldova, until the end of November, the established amount of 5.7 million ㎥ per day, of natural gas. Starting from December, the delivered volume could increase, said the head of "Moldovagaz", Vadim Ceban, recently returned from Moscow, where he discussed with "Gazprom" representatives, Radio Moldova reports.

Constantin Borosan: About nine percent of our country's electricity consumption can be provided from renewable sources

About nine percent of our country's electricity consumption can be provided from renewable sources, stated Constantin Borosan, State Secretary at the Ministry of Infrastructure and Regional Development.

The Republic of Moldova acquires more energy from Romania. What is the purchase price

SA Energocom has increased the volumes of electricity purchased directly from producers in Romania. Thus, from Friday, November 25, the Oltenia Energy Complex will supply the Republic of Moldova with 20 MWh of bandwidth (24 hours out of 24) at a price of 900 RON/MWh, and from December 1 SA Energocom will procure from OMV Petrom SA 80 MWh of bandwidth, 30 MWh more than at present. The price of energy according to this contract is 450 RON/MWh. Also, from December 1, CET Craiova will deliver 5 MWh to the Republic of Moldova at a price of 1,000 RON/MWh.

The President of Moldovagaz Vadim Ceban does not rule out that natural gas tariffs could decrease

The President of Moldovagaz does not rule out that this winter there could be premises for a downward adjustment of natural gas tariffs. Vadim Ceban says that if the downward trend in the purchase price continues in the coming months, the company could cover its accumulated tariff deviations in 2022. At the same time, the head of Moldovagaz says that for the month of December, Gazprom could offer the Republic of Moldova the same volumes of natural gas, i.e. 5.7 million ㎥ per day, IPN reports.