Business news from Ukraine

Business news from Ukraine

Moldova reduced gas prices for consumers by almost 40%

7 June , 2023  

The National Energy Regulatory Agency (ANRE) of Moldova has decided to reduce the gas tariff for final consumers to 18.06 lei per 1 cubic meter (including VAT).
The National Agency has urgently examined the request of Moldovagaz company at a meeting on Wednesday.
As earlier reported, on June 5, Moldovagaz submitted a request for gas tariff decrease to ANRE. The company explained its request by the decrease in purchase prices of natural gas. The distributor asked to reduce the weighted average tariff by 36.8% – down to 16,492 thousand Moldovan lei per 1,000 cubic meters. It was proposed to reduce the final tariff for residential consumers, including VAT, by 31.9% – from MDL 29.27 to MDL 19.93 per 1 cubic meter.
Thus, the tariff was reduced by 38%.
The last time the gas prices in Moldova were reviewed in autumn 2022, the prices for households rose by 27.3% – from MDL 23 to MDL 29.27 per 1 cubic meter.
Natural gas tariffs in Moldova are set by ANRE upon request of suppliers.
The official exchange rate as of June 7 – 17.82 lei/$1.

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