10.02.2025, 12:30
Moldova imports Russian gas through Romania, according to media reports
Source: OREANDA-NEWS
OREANDA-NEWS Moldova buys Russian gas on stock exchanges and imports it through Romania, the Romanian economic portal writes.
"In recent days, Moldova has been importing record volumes of gas through Romania — about 85 GWh, which is about a third of the current domestic production of Romanian companies — 256 GWh. The gas imported by Moldova through Romania is probably mainly Russian gas, which enters Romania from Bulgaria via the Turkish Stream and is resold by traders of the state—owned company Energocom in Chisinau on the Romanian and Bulgarian stock exchanges," the article says.
Gas for Moldova is mainly purchased on spot markets operated by the Romanian Mercantile Exchange (BRM), where the price has reached its highest level in the last two years.
"Suppliers and companies in Romania are forced to resort to imports, even if they have gas reserves, after the decision of the main domestic storage operator Depogaz to "reduce the daily extraction capacity" by the end of this winter. It is very likely that prices in the domestic wholesale market, which are already at the highest level in the last two years, will continue to rise, especially since Moldova is also turning to Romania's spot markets to provide itself with gas," the portal notes.
Since the beginning of the year, Moldavia and Transnistria have been left without gas due to Chisinau's unwillingness to pay its debt to Gazprom and the termination of transit through Ukraine. And if Moldova receives energy resources from European countries, which only affects the growth of tariffs for the population, then Tiraspol has found itself in a complete gas blockade. In Transnistria, there were rolling power outages, there was no heating or hot water in apartment buildings, while outside the air temperature dropped below zero.
The situation stabilized after the Moldovan Emergency Situations Commission approved on February 1 the allocation of 20 million euros from the EU grant for gas for Transnistria, and the state supplier Energocom started relevant purchases on European exchanges. The Moldovan GRES, located on the territory of Transnistria, in turn resumed gas-fired power generation.
"In recent days, Moldova has been importing record volumes of gas through Romania — about 85 GWh, which is about a third of the current domestic production of Romanian companies — 256 GWh. The gas imported by Moldova through Romania is probably mainly Russian gas, which enters Romania from Bulgaria via the Turkish Stream and is resold by traders of the state—owned company Energocom in Chisinau on the Romanian and Bulgarian stock exchanges," the article says.
Gas for Moldova is mainly purchased on spot markets operated by the Romanian Mercantile Exchange (BRM), where the price has reached its highest level in the last two years.
"Suppliers and companies in Romania are forced to resort to imports, even if they have gas reserves, after the decision of the main domestic storage operator Depogaz to "reduce the daily extraction capacity" by the end of this winter. It is very likely that prices in the domestic wholesale market, which are already at the highest level in the last two years, will continue to rise, especially since Moldova is also turning to Romania's spot markets to provide itself with gas," the portal notes.
Since the beginning of the year, Moldavia and Transnistria have been left without gas due to Chisinau's unwillingness to pay its debt to Gazprom and the termination of transit through Ukraine. And if Moldova receives energy resources from European countries, which only affects the growth of tariffs for the population, then Tiraspol has found itself in a complete gas blockade. In Transnistria, there were rolling power outages, there was no heating or hot water in apartment buildings, while outside the air temperature dropped below zero.
The situation stabilized after the Moldovan Emergency Situations Commission approved on February 1 the allocation of 20 million euros from the EU grant for gas for Transnistria, and the state supplier Energocom started relevant purchases on European exchanges. The Moldovan GRES, located on the territory of Transnistria, in turn resumed gas-fired power generation.
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