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Romanian company Electrica announced the completion of the full acquisition of Electrica Furnizare Grup SRL – Chisinau from its subsidiary Electrica Furnizare S.A., according to a statement published on the Bucharest Stock Exchange.
In recent years, Moldova’s energy sector has undergone several stress tests, which revealed several significant vulnerabilities. Logos Press spoke to Energy Minister Dorin Junghietu about the actions being taken to improve the country’s energy security.
In April, state-owned Energocom purchased electricity at an average price significantly lower than in March, recording a decrease of almost 20 euros per MWh.
Transnistrian residents and enterprises will be able to participate in energy efficiency programs financed by contributions paid by economic agents under the national energy efficiency scheme. These funds will be used to implement projects aimed at reducing energy consumption and related costs.
Work has begun on laying pipelines for Romania’s Neptun Deep gas project in the Black Sea, one of the European Union’s largest energy fields with estimated reserves of 100 billion cubic meters of recoverable gas.
European Union countries’ oil and gas import costs rose sharply in March-April 2026, exceeding an additional €30 billion, European Commissioner for Energy Dan Jorgensen told a briefing in Brussels.
Moldovan Energy Minister Dorin Junghietu held bilateral meetings in Brussels with European Commission Director General for Neighborhood and Enlargement Negotiations Geert Jan Koopman, as well as with United States Ambassador to the EU Andrew Puzder. Discussions focused on opportunities for cooperation to strengthen regional energy security, promote sectoral reforms, investment and integration into the European energy market.
The Ministry of Energy initiated the process of granting the status of a strategic object of national interest for the country’s energy security to the construction of the 400 kV Straseni-Gutinas transmission line, as well as the modernization of the 330 kV power plant in Straseni.
In the Republic of Moldova, the country’s largest electricity storage system with a total capacity of 60 MWh was put into operation in Radeni.
The government plans to raise the minimum amount of strategic natural gas reserves from 50 million to 56.3 million cubic meters.
Romanian President Nicusor Dan said he doubts that the project of complete substitution of Russian gas with American LNG is economically sound because it requires serious infrastructure costs.
The withdrawal of the United Arab Emirates (UAE) from OPEC signals a strategic reversal and calls into question Gulf coordination and the future of the cartel.
“Moldova does not rely on one source or one route. We are building step by step a balanced and reliable energy supply portfolio that will ensure stability and predictability. It is crucial for us that this diversification is done at a sustainable price and that the security of supply for citizens remains an absolute priority,” Energy Minister Dorin Junghietu said.
The war against Iran has fueled British interest in heat pumps. They reduce the dependence of Europeans on volatile gas prices, although they have become embroiled in political and cultural disputes over carbon neutrality (net zero).
Moldova is withdrawing from the Energy Charter Treaty (TCE), an international agreement dating back to the 1990s, which, according to the authorities, is no longer in line with the energy transition policy and the development of renewable energy sources. The draft was approved by Parliament in two readings at today’s session.
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has extended until May 30 a general license allowing certain transactions related to the sale of Lukoil International GmbH (a subsidiary of Russian oil company Lukoil, which owns the group’s foreign assets). This decision allows to finalize the transaction with the American investment company Carlyle Group, which was announced earlier.
Proposals to reduce VAT and excise duties on fuel, put forward by the opposition, were criticized by the PAS parliamentary majority in the Commission on Economy, Budget and Finance. The authorities cite possible losses for the budget and economic risks.
Chairman of the Parliamentary Commission on Economy, Budget and Finance Radu Marian, along with other MPs from the PAS faction, registered a bill aimed at strengthening the state’s ability to react quickly in an energy crisis or emergency preparedness mode.
The development of a functional and liquid wholesale market implies a gradual redirection of locally produced electricity volumes to organized markets, especially from renewable sources. This is important for the establishment of a competitive and transparent pricing mechanism, given that reliance on bilateral contracts and a limited number of counterparties limit market efficiency.
The Republic of Moldova now has a roadmap, a GIS database and a set of technical tools to bring the Emerald Network in line with Natura 2000 standards, developed under the first LIFE project implemented in the country.
