Moldova borrows gas from Ukraine and Romania

Moldova has borrowed gas from Ukraine and Romania to maintain pressure in the gas transmission network, the press service of the Moldovatransgaz company said, without naming the volume of the borrowed fuel, Interfax-Ukraine reports.

The company said that Ukraine has lent natural gas to balance the gas transportation system, which Moldova can use until October 31.

“Romania also provided its support, providing substantial assistance in maintaining our country's natural gas transmission system. In this difficult period, we highly appreciate the support provided to our country by neighbouring countries. This debt will be returned when Moldova has the required amount of gas to ensure continuous transmission and volumes for domestic consumption,” Moldovatransgaz said.

On the eve of the General Director of the GTS Operator of Ukraine, Serhii Makohon said that Ukraine sent Moldova more than 15 million cubic meters of gas to maintain the minimum pressure in the gas distribution network. Moreover, this week Moldova started buying gas on the international market. The government has instructed the state-owned company Energocom to announce daily tenders.

Moldova continues negotiations with Gazprom to conclude a long-term contract. According to the current contract, signed for October, Moldova receives gas at $790 per thousand cubic meters. At the same time, the contract provides for the republic to receive only 67% of the required volume. Ukraine has lent natural gas to balance the gas transmission system.

To recap:

On October 22, a state of emergency was declared in Moldova due to critical gas prices. The country cannot agree with the Russian Gazprom on the price for the supply of natural gas.

The Prime Minister of Moldova said that the country would continue negotiations with Gazprom on a new gas supply contract.

On October 25, an official representative of Gazprom said that the company could completely stop gas supplies to the country if Chisinau did not pay off the debt and sign a new contract from December 1.

On October 25, the Moldovan government, for the first time in 30 years, bought natural gas, not from the Russian Gazprom, but signed a contract for the supply of 1 million cubic meters of gas with a Polish state-owned company.

Europe said it would help Moldova solve the gas crisis.

Moldova continued to buy gas from European companies and signed another supply contract with a Dutch company.

One of the European publications reported that Gazprom offered Moldova a new gas deal in exchange for weakening ties with the EU.

The European Commission has allocated €60 million to Moldova to overcome the crisis that has arisen in the country due to the gas shortage and difficult negotiations with Gazprom.

On October 28, Poland once again won a tender for the supply of gas to Moldova.

Tags: Gazprom, RF, debt, Gas market, negotiations, GTS Operator, Ukraine, price, gas supplies, volumes, Makohon, Europe

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