According to the prime minister, for a period of 30 days, the Republic of Moldova will switch from FOB-MED to CIF-MED pricing—a formula that includes transportation and insurance costs. In addition, importers’ margins will be temporarily increased by $25 per metric ton, which is equivalent to approximately 37 bani per liter.
“We remain firm in our principles: there will be no market liberalization. We intend to maintain the regulated pricing model to protect citizens, especially now, in the midst of the agricultural season. We are maintaining the maximum price set daily by the National Energy Regulatory Agency, but we are obliged to intervene on the supply side as well,” stated Vasile Tofan.
The prime minister explained that pressure in favor of market liberalization is coming from importers. They argue that the existing mechanism makes it difficult to import diesel fuel into the country given the higher prices in neighboring countries.
Currently, diesel fuel is sold in the Republic of Moldova for approximately 31 lei per liter, while in Ukraine it costs about 35 lei, and in Romania it is close to 40 lei, Tofan noted. According to him, the price difference protects Moldovan consumers but creates the risk that importers will redirect their volumes to more profitable markets.
“We do not want artificially low prices or empty gas stations, but we also will not allow uncontrolled price increases and excessive profits at the expense of the crisis. The government is taking steps to ensure supply. We expect companies to take reciprocal steps to saturate the market,” the prime minister emphasized.
At the same time, Vasile Tofan called on petroleum product importers and all companies in the country to demonstrate “economic patriotism”:
“We understand that margins may be lower during such a period. We understand that for certain shipments and over a short period of time, some companies may even operate at a loss. We are aware of this. But I ask you to look at the market from a long-term perspective. I believe in the free market, but I also believe in responsibility, a strategic approach, and, if I may say so, economic patriotism.”
Other Measures
In addition to changing the calculation formula, the authorities have approved a set of measures to expedite fuel deliveries: priority customs clearance for petroleum products, dedicated lanes at the border for tanker trucks, and priority access to rail transport.
In addition, the government intends to restrict the export and re-export of certain volumes of fuel to ensure that products intended for the Moldovan market remain within the country. Retail sales of diesel fuel in containers larger than 40 liters will also be restricted, with the exception of farmers, who will be able to purchase the amounts necessary for agricultural work.
Government agencies have been required to reduce their diesel fuel consumption by at least 20%.
Vasile Tofan stated that the market situation will be monitored for 30 days, and the decision to increase importers’ margins will be revoked if the situation stabilizes.
The prime minister noted that the government has declared a state of heightened readiness in the energy sector due to risks related to diesel fuel supplies.
