News about Gas
Hundreds of gas stations in France have experienced fuel supply disruptions after the government imposed restrictions on the price of gasoline and diesel.
Russian pipeline gas exports to Europe rose 22% year-on-year in March amid the crisis in the Middle East.
In early March, the National Energy Regulatory Agency (ANRE) extended until the end of June the decision to appoint Moldovagaz JSC responsible for ensuring gas supply to the Transnistrian region. Earlier, in 2023, ANRE revoked the license for natural gas transportation from the Moldovan-Russian company, giving this function to a subsidiary of the Romanian state operator Transgaz. And in 2025 – the license for supply, which is now handled by the Moldovan state-owned company Energocom.
The European Union has warned that oil and gas prices will not come down anytime soon, even if the war in Iran ends.
The prime minister said that as early as next week, the government may go to parliament with ready documents and propose the lifting of the state of emergency regime. The Cabinet of Ministers will not extend it “for a single day longer than necessary”.
U.S. President Donald Trump has expressed confidence in lower energy prices after the end of the U.S. operation in Iran.
The U.S. president, along with aides, concluded that an attempt to deblock the strait would prolong the conflict more than originally planned. Washington also intends to demand that allies seek to open the strait.
Russian natural gas supplies to Serbia will be carried out on the basis of the extended former contract for another three months. The price of fuel will remain at $320 per thousand cubic meters, although gas costs $645 on the market.
The National Energy Regulatory Agency (NERA) has set new maximum fuel prices that will be in effect tomorrow, March 31.
Energy Minister Dorin Jungietu, in a video interview with ZDG, called “populism” the opposition’s proposal to lower excise taxes on fuel at a time when oil prices are rising sharply in the world and on gasoline and diesel in Moldova.
Gas prices in Europe have soared by 70% and supplies are running low. Supply disruptions, rising inflation and a possible tightening of ECB policy are fueling fears of a repeat of the 2022 energy crisis.
Europe is facing near-empty gas storage facilities just as the gas stockpiling season is about to begin. As key reservoirs are depleted, this means it will have to compete with Asian buyers for supplies.
Viktor Orbán’s threat announced yesterday has today materialized into a decree of the Hungarian government. On Thursday morning, portfolio.hu reported that the government announced a package of decrees to increase strategic gas reserves and, quoting the publication, to stop exporting natural gas to Ukraine.
The country’s Prime Minister Viktor Orbán has announced that gas supplies to Ukraine will be cut off until oil supplies via the Druzhba oil pipeline are resumed.
The government is analyzing three economic scenarios, including the most pessimistic one, if the global energy crisis drags on. President Maia Sandu spoke about this at a press conference.
The National Energy Regulatory Agency (NERA) has set new maximum fuel prices that will be in effect tomorrow, March 24.
“The supply shocks underscore the risk that oil prices could stay above $100 longer in risky scenarios with longer disruptions and greater sustained supply losses,” Goldman Sachs analysts said.
Brussels has urged EU states to lower their gas storage fill targets and begin gradual replenishment of reserves amid a surge in energy prices due to the war in the Middle East.
Against the backdrop of the ban by the head of the European Commission Ursula von der Leyen to buy Russian energy, traders are looking at thermal coal.
US President Donald Trump has listed the goals of the military operation in Iran.
