The government offers backup solutions regarding Moldova’s natural gas supply

Today, the government approved the draft decision regarding the creation and maintenance of security stocks of natural gas. It was adopted with the aim of ensuring backup solutions regarding the natural gas supply of the Republic of Moldova in an emergency situation.

According to the document, the Joint Stock Company “Energocom” will be designated as the entity for the creation and maintenance of natural gas security stocks. At the same time, S.A. “Energocom” will create, within a maximum of one month from the entry into force of the decision, a separate bank account dedicated to the fulfillment of the obligation to create and maintain security stocks.

At the same time, suppliers on the natural gas retail market will pay S.A. “Energocom” financial contributions for the creation and maintenance of security stocks. The minimum amount of natural gas to be stored is 22.8 million m3.

We note that the natural gas that is the subject of security stocks is to be used in whole or in part only based on the decision of the Commission for Exceptional Situations (CSE) of the Republic of Moldova, adopted in the event of an exceptional situation, including in the event of a state of emergency.

At the same time, we specify that, in order to ensure the energy security of the country, in accordance with the provisions of the CSE, S.A. “Energocom” purchased natural gas in a volume of 39.5 million m3.

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