Moldova

Gazprom, the Russian gas company, denounces Moldova's move to change its gas supply system

Gazprom, the Russian gas giant, denounced on Thursday a decision by Moldova's Gas Authority to withdraw its licence for its local subsidiary's distribution of gas. It said the move damaged their affiliate and compromised Moldova's security in energy. The National Agency for Energy Regulation in Moldova, which regulates the gas industry, announced this week that the license to distribute gas was withdrawn from Moldovagaz. 50% of Moldovagaz's shares are owned by Gazprom. Instead, it has been given to state-run Energocom. Energocom will take over the distribution of gas to 800.000 consumers from September 1, it announced. Gazprom claims that Moldova

Crude Oil

Sources say that Putin's peace demands include a stop to NATO expansion.

Moldova signs 30 million euro deal with France for energy efficiency

After meeting her French counterpart Emmanuel Macron, Moldovan President Maia Sandu announced that the French Development Agency and Moldova signed a deal worth 30 million euros ($32.5million) on Monday. The agreement aims to improve energy efficiency in the post-Soviet country. Sandu said at a joint press conference that the agreement with Agence Francaise de Developpement would help "reduce energy wastage, lower costs and increase our energy independence". The pro-European Moldovan government accused Russia of creating a fake energy crisis in order to destabilize the country before parliamentary elections. This came after Russian gas producer Gazprom halted exports of its product

Fossil Fuels

Ukraine gas imports will rise by 8% on February 2, driven by freezing temperatures and Russian attacks

Breakaway Moldovan Region claims it received gas supplies backed up by Russian loan

Separatist authorities announced on Friday that the pro-Russian Transdniestria region of Moldova, which is a breakaway region, has begun receiving gas under a Moscow loan. Transdniestrian leader Vadim Krsnoselsky stated in a Telegram statement that the Russian loan assistance as well as cooperation with Russia's Ministry of Energy made gas deliveries possible. The Russian gas flow to Transdniestria through Ukraine ceased at the beginning of January after Ukraine refused to renew a transit contract. Earlier this month, the Moldovan Prime minister Dorin Recean stated that his country will not block gas flows to the region. The Swiss-based MET Group subsidiary

Fossil Fuels

Ukraine gas imports will increase by a third on Wednesday following Russian attacks

Data provided by the operator for gas transmission system revealed that Ukraine will increase its gas imports on Wednesday by a third to 22,6 million cubic meters following Russian missile attacks against Ukrainian gas production plants earlier in the week. Naftogaz, Ukraine's state oil and gas company, said Tuesday that its production facilities had been damaged by a Russian airstrike on the central Poltava area of Ukraine. Operator data indicated that Ukraine would import 8,6 mcm gas from Hungary. 12,2 mcm was imported from Slovakia. 1.8 mcm came from Poland. In recent months, Russia has intensified its attacks against Ukrainian

EU provides 250 million Euros to Support Energy Security in Moldova