Uninterrupted supplies of liquefied gas to Moldova: contract signed with Greek company

Moldovagaz JSC and the Greek company Mediterranean Holding (MIH Mediterranean Infrastructure Holding) have signed a cooperation agreement in the format of a “value chain” in the field of liquefied natural gas supplies.

The document envisages the possibility of supplying natural gas to the country in the volume of 0.6-1 billion cubic meters per year through the Trans-Balkan corridor.

“Thanks to this agreement and the development of new routes, we strengthen the possibility of uninterrupted natural gas supplies to meet the needs of the Moldovan market. We believe that the Trans-Balkan corridor offers many opportunities, which Moldovagaz, with Mediterranean Holding, is ready to consider and utilize,” said Vadim Ceban, Chairman of the Board of Moldovagaz JSC.

“I am pleased and proud to announce this initiative in the energy sector, which emphasizes the expressed common interest in the supply of energy resources to the Moldovan market and the region in general. This agreement emphasizes the importance of Greece as an entry point to the Trans-Balkan Corridor. At the same time, the importance of Moldova as a cross-border gas connection point. “Moldovagaz and Mediterranean Holding intend to work together on long-term projects that will contribute to energy efficiency and security in the region,” said Theodore Theodoropoulos, founder and head of Mediterranean Holding.

Recall that the natural gas purchase and sale contract signed on August 29, 2022, between Moldovagaz and Energocom expired in April 2024. Since then, Moldovagaz has purchased natural gas within the free market, including exchange platforms.

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