News about Gas

Iran has warned that it will halt energy supplies from the Middle East if the agreements reached with the United States are not fulfilled. This was stated by Mohammad Mohber, an adviser to the Supreme Leader of the Islamic Republic.

Iran announced the closure of the Strait of Hormuz to shipping, stating that this was in response to U.S. actions and Israeli strikes on Lebanon. This was reported by the Iranian news agency Mehr, citing the “Khatam al-Anbia” Armed Forces General Staff.

Moldovagaz JSC will face penalties if the company fails to fulfill its obligation to establish and maintain natural gas reserves intended for consumers on the left bank of the Dniester.

European Union countries have increased gas reserves in their underground storage facilities (UGS) to an average of 45.03% in preparation for the coming winter. However, despite the gas injection season, their fill levels turned out to be significantly lower than the figures for the past five years, according to data from Gas Infrastructure Europe (GIE).

The National Integrated Energy and Climate Plan (PNIEC) is a tool for Moldova to strengthen energy security, develop renewable energy sources, and protect consumers, said Carolina Novak, State Secretary at the Ministry of Energy, at the FOREN 2026 forum.

Galina Șelari, Ph.D. in Economics, appeared on the program “Expertise” that, when assessing the state of Moldova’s economy, it is necessary to look not only at the numbers but also at the presence of key factors that depend solely on the population and domestic resources—and in this sense, the Moldovan economy does not inspire confidence in the future.

The mandatory natural gas reserve level that MoldovaGas JSC must establish and maintain for the left bank of the Dniester has been set at 15% of the region’s average annual natural gas consumption by end users. The calculation is based on consumption data from the past five years.

A bipartisan bill aimed at strengthening Moldova’s energy security and reducing its dependence on Russian energy resources has been introduced in the U.S. Congress, the Ministry of Energy reported.

Vasile Costiuc, a member of parliament and chair of the “Democrația Acasă” faction, announced an official inquiry sent to the government and the Ministry of Energy, demanding clarification regarding the management of oil and gas fields in southern Moldova, specifically in the villages of Veleni and Viktorovka.

The security of the Neptun Deep project, which is set to become the largest natural gas production facility in Romania’s Black Sea sector, was discussed at a meeting of NATO representatives on June 10. Romanian President Nicușor Dan wrote on X that “allies expressed solidarity with Romania regarding the recent drone incidents.” He confirmed that “an agreement was reached to accelerate NATO projects addressing drone threats” to protect the gas project.

Natural gas consumption in the Republic of Moldova fell significantly in May as temperatures rose and the demand for heating from households and businesses declined.

Moldovan Prime Minister Alexandru Munteanu met today with Bulgarian Prime Minister Rumen Radev.
The meeting took place on the sidelines of the South-East European Cooperation Process (SEECP) summit, which is being held in Sofia.

Moldovagaz JSC will continue to supply natural gas to the Transnistrian region until December 31, 2026. This was announced by the National Energy Regulatory Agency (ANRE) in connection with the extension of the company’s appointment, approved today by its Supervisory Board.

The introduction of a national system of emergency stocks of oil products provokes tension between the authorities and fuel importers. Despite the fact that the concept itself finds support, representatives of importing companies warn: the set timeframe for implementation is unrealistic, and the lack of storage infrastructure makes the law practically impossible to implement in its current form.

Exchange prices for gas in Europe began the new week with a noticeable growth, breaking the mark of 600 dollars per thousand cubic meters, for the first time since mid-May, follows from the data of the London exchange ICE. In the morning, the figure is 607.9 dollars (+4.6%). Dynamics of quotations is given from the estimated price of the previous trading day – 581.4 dollars per thousand cubic meters.

Nigeria, Niger and Algeria have commenced construction of the 4128 kilometer Trans-Sahara gas pipeline to reduce the European Union’s (EU) dependence on Russia.

For the first time after 2022, German businessmen are again officially participating in the St. Petersburg International Economic Forum (SPIEF-26). The relevant information is contained in the program of the event.

Global energy inflation will be delayed for a longer period of time due to the conflict in the Middle East and supply disruptions. Experts forecast that high oil and gas prices will act as a driver of overall price growth and stagflationary processes until at least the end of 2027.

The National Energy Regulatory Agency of Moldova has decided to further reduce the tariff for the transportation of natural gas to Ukraine through the territory of the republic.

In Europe, “winter” electricity is trading at the highest premium since 2022 due to gas and hydropower shortages. Low gas reserves and shrinking hydropower reserves increase the risk of even higher energy prices for businesses and households.