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.