Moldovan government approves creation, maintaining natural gas stocks for emergency situations

Chisinau, 29 September /MOLDPRES/ - The cabinet today approved a draft decision on the creation and maintaining of security natural gas stocks, in order to ensure reserve solutions as to Moldova’s supply with natural gas, the government’s communication and protocol department has reported.   

Under the document, the Energocom stock company will be nominated as entity for the creation and maintaining of security stocks of natural gas. At the same time, the Energocom stock company will create, in a period of at least one month after the decision’s entrance into force, a distinct bank account dedicated for the carrying out of the obligation of creation and maintenance of security stocks.  

At the same time, the providers from the natural gas retail market will pay to the Energocom stock company the financial contributions for the creation and maintenance of security stocks. The minimum quantity of natural gas due to be stocked is of 22.8 million cubic metres.

It is worth mentioning that the natural gas represents the object of security stocks which are fully or partially used only based on a decision by Moldova’s Commission for Emergency Situations (CSE), adopted in the case of appearance of an emergency situation, including if emergency state is declared.   

At the same time, we specify that, to ensure the country’s energy security, in line with CSE’s instructions, the Energocom stock company bought natural gas in a volume of 39.5 million cubic metres.    

Photo: Government