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Energy minister assures sufficient gas reserves

The Republic of Moldova has entered the winter season well-prepared, with sufficient gas reserves to last until February 2024, according to Energy Minister Victor Parlicov. He emphasised that the country's energy security is not dependent on international market fluctuations.

"We have secured not only the security of supply for our citizens, but also predictable prices," Parlicov declared. "No matter what happens on the regional gas market, we are protected."

Parlicov's assurance stems from the country's strategic gas reserves stored in Romania and Ukraine. These reserves, coupled with potential additional supplies, provide Moldova with a comfortable energy cushion for the winter months.

"If consumption increases during the winter, additional gas will be found," Parlicov affirmed.

In addition to gas reserves, Moldova has also secured its electricity supply for the upcoming year. Energocom, the country's state-owned energy company, has contracted the majority of its electricity needs from the Cuciurgan Power Station in Transnistria until the end of 2024.

"The price [for electricity] will remain unchanged at $66 per megawatt hour," Parlicov stated.

The stability in energy prices extends to household consumers as well. The current tariff for gas remains at 18 lei and 6 bani per cubic metre, including VAT.

Parlicov urged consumers to exercise prudence in their energy consumption, even with the assurance of stable prices.

"We encourage consumers to continue saving energy and using it rationally," Parlicov advised.

Moldova's energy preparedness for the winter season stands in stark contrast to the concerns that plagued the country last year. In October 2022, Russia significantly reduced gas supplies to Moldova, prompting the government to take proactive measures to safeguard its energy security.

Translation by Iurie Tataru

Olga Mînzat

Olga Mînzat

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