Energocom's gas purchase price in November rose compared to October
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
Gas procurement
Moldova asks the EU for additional assistance and access to joint gas purchases
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
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.
Moldova is negotiating direct, long-term contracts for the purchase of natural gas
Moldova is negotiating direct bilateral contracts with major producers for the purchase of gas over the medium and long term
An electricity shortage and the risk of power outages are forecast for Moldova this evening
On Tuesday evening, from 9:00 p.m. to 11:00 p.m., Moldova's power grid will face a projected electricity shortage, which increases the risk of power outages
Moldova has been urged to switch to phased gas purchases, following the example of EU countries
In Moldova, there are calls to rethink the approach to gas procurement and switch to a phased schedule in order to reduce the risks of sharp price fluctuations and avoid repeating last year’s mistakes. The expert points out that such a mechanism is already in use in Europe, while in Moldova, in his opinion, there is still a lack of clear rules and oversight regarding procurement timelines.
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