- Leaders met to discuss extending sanctions on Russia, the EU-China commercial relationship, and supporting Ukraine's long-term needs.
- Gas from the Power of Siberia 2 pipeline was intended for the European market, despite market losses caused by the 2022 Ukraine invasion.
- Gas sales routes are running through Ukraine as negotiations continue regarding gas sales and a ceasefire.
Moldova Negotiates Gas Imports from Ukraine and OMV Petrom
What happened
Moldovan Minister of Energy Dorin Junghietu announced that negotiations are underway for Moldova to purchase natural gas from Ukraine. The potential volume of gas ranges between 10 million and 50 million cubic meters. Following a visit to Kyiv, Moldova conducted a test purchase of 2 million cubic meters of gas.
From interfax.com.ua
Why it matters
The negotiations aim to secure gas at a price below the current market rate, which addresses core energy needs for Moldova. The potential purchases could cover up to a quarter of Moldova's daily natural gas consumption in the future.
Gas sales routes currently run through Ukraine as negotiations continue regarding gas sales and a ceasefire.
From interfax.com.ua
Who's involved
- MoldovaCountry negotiating gas purchases from Ukraine and OMV Petrom
- OMV PetromCompany from which Moldova is securing gas supplies
- Dorin JunghietuMinister of Energy leading the negotiations for gas supplies
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
Keep exploring
The entities involved
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Moldova
country in Eastern Europe
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OMV Petrom
Romanian oil and gas company
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