Economic

Moldova imposes energy state of alert to shield domestic fuel supply

Moldova has entered a 60-day national energy state of alert starting March 4, as fuel prices climb for the sixth consecutive day. The decision, aimed at mitigating the impact of global supply chain disruptions, follows a sharp rise in Brent crude prices.

According to the National Agency for Energy Regulation (ANRE), gasoline prices will reach 24.54 MDL per liter (€1.25), while diesel will climb to 22.87 MDL (€1.17) for the March 7–9 period. Since the onset of Middle East tensions on February 28, diesel costs in Moldova have surged by 2.15 MDL (approx. €0.11).

Strategic export restrictions

To ensure domestic stability, the Government has restricted fuel exports from the strategic Giurgiulesti port. Exports are now permitted only if mandatory safety stocks are maintained, specifically 8,000 tons for gasoline and 25,000 tons for diesel.

The new regulations strictly prohibit the re-export of fuel already cleared for the domestic market. To streamline supply, customs authorities have established dedicated "green corridors" for the priority clearance of petroleum imports.

Regional volatility impact

While ANRE maintains that current reserves are sufficient, officials have urged citizens to practice responsible consumption. Excessive demand could further strain supply chains already impacted by the closure of the Strait of Hormuz.

Global energy experts warn that should the conflict escalate, Brent crude—currently trading above $84 per barrel—could reach the $100 mark. This trend continues to exert significant pressure on Moldova’s internal energy costs.

Translation by Iurie Tataru

Redacția  TRM

Redacția TRM

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