Moldova promises to pay for Russian gas blocked in Ukraine

Moldova assured on Wednesday that it would pay for the gas supplied by Russia but retained in Ukraine through which it transits.

Share:

Moldova assured on Wednesday that it would pay for gas supplied by Russia but held in Ukraine where it transits, after Moscow threatened to reduce its deliveries by accusing Kiev of siphoning a gas pipeline.

A small former Soviet republic that is a candidate for entry into the European Union, Moldova heats itself largely with this Russian gas that transits through Ukrainian territory.

On Tuesday, the Russian supplier Gazprom accused Kiev of diverting part of it and threatened to reduce the volumes sent to Chisinau from next week.

“To be clear, all gas delivered to Moldova ends up in our country,” said Moldovan Deputy Prime Minister Andrei Spinu.

“The volumes of gas Gazprom refers to that remain in Ukraine are our reserves and they are stored in warehouses in Ukraine. Our country has always paid for these quantities and will continue to pay for them in full,” he added.

Moldova, with a population of 2.6 million, has been hit hard by the consequences of the conflict in Ukraine, particularly in terms of energy, as Gazprom has already cut its gas exports to Chisinau by half.

The Russian gas giant accused the Ukrainians on Tuesday of diverting 52.5 million cubic meters of gas destined for Moldova and threatened to start cutting deliveries from Monday.

European countries regularly accuse Moscow of using its gas manna, on which they still depend heavily, to pressure them to punish them for their support for Ukraine.

“Pressure, blackmail and threats don’t work anymore,” Spinu said Wednesday.

The commissioning of LNG Canada, the first major Canadian liquefied natural gas export facility led by Shell, has not yet triggered the anticipated rise in natural gas prices in western Canada, still facing persistent oversupply.
Horizon Petroleum Ltd. is advancing towards the production launch of the Lachowice 7 gas well in Poland, having secured necessary permits and completed preliminary works to commence operations as early as next August.
European Union member states have requested to keep their national strategies for phasing out Russian gas by 2027 confidential, citing security concerns and market disruption risks, according to a document revealed by Reuters.
TotalEnergies becomes a member of PJM Interconnection, expanding its trading capabilities in North America's largest wholesale electricity market. The decision strengthens the company's presence in the United States.
Turkey has connected its gas grid to Syria’s and plans to begin supplying gas for power generation in the coming weeks, according to Turkish Energy Minister Alparslan Bayraktar.
Despite record electricity demand, China sees no significant increase in LNG purchases due to high prices and available alternative supplies.
US natural gas production and consumption are expected to reach record highs in 2025, before slightly declining the following year, according to the latest forecasts from the US Energy Information Administration.
Naftogaz announces the launch of a natural gas well with a daily output of 383,000 cubic meters, amid a sharp decline in Ukrainian production following several military strikes on its strategic facilities.
Sonatrach and ENI have signed a $1.35 billion production-sharing agreement aiming to extract 415 million barrels of hydrocarbons in Algeria's Berkine basin, strengthening energy ties between Algiers and Rome.
Maple Creek Energy is soliciting proposals for its advanced 1,300 MW gas project in MISO Zone 6, targeting long-term contracts and strategic co-location partnerships with accelerated connection to the regional power grid.
VMOS signs a USD 2 billion loan to finance the construction of the Vaca Muerta South pipeline, aiming to boost Argentina's energy production while reducing costly natural gas imports.
According to a Wood Mackenzie report, Argentina could achieve daily gas production of 180 million cubic metres per day by 2040, aiming to become a key regional supplier and a significant exporter of liquefied natural gas.
Côte d'Ivoire and the Italian group Eni assess progress on the Baleine energy project, whose third phase plans a daily production of 150,000 barrels of oil and 200 million cubic feet of gas for the Ivorian domestic market.
The extreme heatwave in China has led to a dramatic rise in electricity consumption, while Asia records a significant drop in liquefied natural gas imports amid a tight global energy context.
E.ON, together with MM Neuss, commissions Europe’s first fully automated cogeneration plant, capable of achieving a 91 % fuel-use rate and cutting CO₂ emissions by 22 000 t a year.
Facing the lowest temperatures recorded in 30 years, the Argentine government announces reductions in natural gas supply to industries to meet the exceptional rise in residential energy demand across the country.
Solar power generation increased sharply in the United States in June, significantly reducing natural gas consumption in the power sector, despite relatively stable overall electricity demand.
Golden Pass LNG, jointly owned by Exxon Mobil and QatarEnergy, has asked US authorities for permission to re-export liquefied natural gas starting October 1, anticipating the imminent launch of its operations in Texas.
Delfin Midstream reserves gas turbine manufacturing capacity with Siemens Energy and initiates an early works programme with Samsung Heavy Industries, ahead of its anticipated final investment decision in the autumn.
Norwegian group DNO ASA signs gas offtake contract with ENGIE and secures USD 500 million financing from a major US bank to guarantee future revenues from its Norwegian gas production.