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Romania Secures 61% Of Moldova's Natural Gas Imports In Jan-Sep

2024-11-06 14:57

Wedoany.com Report-Nov 6,   Nearly two-thirds, namely 61%, of the natural gas imports of the Republic of Moldova came from the two largest gas producers in Romania, Petrom and Romgaz, in the first nine months of the year, according to data published by Energocom, Moldova's state-owned energy trader designated by the authorities to handle the purchases of energy and gas from the markets.

"Between January and September 2024, SA Energocom purchased a total of about 4.4 million MWh (or 413,000,000 cubic meters). Three-quarters of the gas was procured from companies registered in Romania and from the Romanian stock exchange - BRM. In total, contracts were signed with 8 commercial entities from Romania, Greece, Austria, Switzerland," the company announced in a Facebook post.

Regarding its sales to the natural gas distribution company Moldovagaz, Energocom said that they were operated on the platform managed by BRM EST Moldova - the local subsidiary of the Romanian Commodity Exchange, which is also the operator of the natural gas trading platform in Chisinau. 

Other smaller quantities were sold to local companies, in the context that, starting on January 1, 2025, all large consumers will be obliged to procure gas from the free market. During this period, more and more economic agents are migrating to the BRM Est platform, Energocom shows in a post on its Facebook page.

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