Economic

Strategic interdependence: Moldova navigates geological constraints to secure gas supply

Geological and financial constraints prevent Moldova from building domestic gas storage facilities in the near future. Energy Minister Dorin Junghietu clarified that establishing an underground depot would require a $16 billion investment.

The country currently lacks the exhausted gas fields or salt mines necessary for natural gas injection. Minister Junghietu emphasized during a Moldova 1 broadcast that a full geological assessment is required, but the prohibitive costs make domestic storage unfeasible.

Consequently, the government has opted for a "dual-storage strategy," utilizing infrastructure in neighboring countries to secure its strategic reserves.

Regional partnerships

Moldova currently splits its safety stocks between its neighbors: 55% are held in Romania and 45% in Ukraine. Kyiv has recently reiterated its commitment to ensuring the safety of these reserves despite the ongoing conflict.

Official data shows that Moldova currently maintains 22.6 million cubic meters of gas in Ukrainian underground storage facilities.

Market trends and tariffs

Energy forecasts for 2026 indicate an average purchase price of €404 (approx. 7,918 MDL) per 1,000 cubic meters. This represents a 17% decrease compared to the previous year.

This downward trend enabled the National Agency for Energy Regulation (ANRE) to reduce domestic tariffs. Effective February 3, household consumers pay 14.42 MDL per cubic meter, down from the previous rate of 16.74 MDL.

Translation by Iurie Tataru

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