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Category: Energy
Due to the crisis in the Middle East, global gas prices have increased. However, Moldova has not suffered yet – the country does not import gas from this region. Moreover, purchases are made under contracts indexed one month in advance. The director general of the National Energy Regulatory Agency (ANRE), Aleksey Taran, assured that the regulated gas price will remain unchanged for the time being.
Sri Lanka has introduced additional restrictions on fuel sales amid supply problems related to the situation in the Strait of Hormuz. Now the refueling of cars depends not only on QR codes, but also on the last digit of the license plate: cars with even-numbered license plates can receive gasoline on even days, with odd-numbered license plates – on odd days.
Turkey is entering a new stage of its energy strategy, negotiating the construction of nuclear power plants with a number of global players, from Russia to Canada. This could involve projects with a total capacity of up to 8 reactors and total investments of up to $100 billion over the next decade, which could radically change the country’s energy balance.
The norm of the minimum stock of gasoline in Moldova is reduced from 8,000 tons to 5,000 tons. At the same time, the retail sale of diesel in consumer containers is limited to 20 liters per purchase. These measures are taken by the government in order to optimize the use of storage capacity and avoid blocking stocks.
Asian countries are seen as major buyers of Russian oil as exports are being redirected and supplies cut through familiar routes. CNBC reports that countries are lining up for resources from Russia.
Record figures have been recorded in the renewable energy sector in Moldova. Over the last four years, the installed capacity has increased almost 12 times. A quarter of the total volume of electricity consumed is the share of “green” energy.
The volume of natural gas consumption in Moldova in February 2026 amounted to 154.2 million m³, which is 3.5% more than in the same period of 2025, the press service of the state enterprise Energocom said.
Saudi Arabia has offered long-term buyers to receive April oil shipments through the port of Yanbu in the Red Sea. The country is preparing for possible prolonged disruptions in the Strait of Hormuz.
The authorities urge not to encourage inflation expectations. The rise in fuel prices over the past two weeks has increased the total costs of businesses by a maximum of 1.5%.
Belgian Prime Minister Bart de Wever urged Europe to reach an agreement with Russia to restore access to cheap energy. In turn, the head of the European Commission recognized Europe’s abandonment of nuclear energy as a strategic mistake.
American oil companies may sharply increase their revenues due to the growth of world oil prices amid the conflict with Iran, analysts believe. Top managers and experts predict their increase up to $200 per barrel.
The Republic of Moldova initiated the procedure for withdrawal from the Energy Charter Treaty (ECT).
The transportation of liquefied natural gas from the USA via Romania is extremely important for Ukraine and at the same time beneficial for Moldova. Ukrainian President Volodymyr Zelenskyy said this in Bucharest at a joint press conference with Romanian President Nicusor Dan after their official meeting.
Danish Energy Minister Lars Ogor urged the country’s citizens not to get behind the wheel of a car unless absolutely necessary to save energy resources amid rising fuel prices.
The International Energy Agency (IEA) has agreed the largest ever release of strategic oil reserves – 400 million barrels – to curb the rise in oil prices caused by the war with Iran. The decision to release the reserves was made unanimously by the IEA’s 32 member countries on March 11.
The release of strategic oil reserves by the G7 countries and the US has not yet led to a drop in fuel prices. Despite large-scale interventions, the cost of Brent oil continues to hold at around $100 per barrel.
The International Energy Agency (IEA) has updated its forecast for global oil production rates in 2026.
Moldova’s current fuel reserves, which cover the needs for 14-15 days, exceed the pre-war level. This was announced by Parliament Speaker Igor Grosu after discussions with the leadership of the National Energy Regulatory Agency.
The situation on the oil products market is serious because of the war in the Middle East, but in Moldova it is under control. This was stated by PAS deputy Marcel Spatar.
A commission from Hungary has left to inspect the condition of the Druzhba oil pipeline stopped by Ukraine. It will soon become clear whether they will be allowed to enter the country at all and how the situation will develop after their arrival in Kiev. This was stated by Hungarian government spokesman Zoltan Kovacs.
