Commodities
Moldova Locks in 75% of Winter Gas Supplies Amid European Price Surge
Moldova has secured 75% of its winter natural gas supplies to shield consumers from surging European benchmark prices. Energy Minister Dorin Junghietu said that international gas hubs face severe daily volatility.
The global market is missing approximately 20% of liquefied natural gas (LNG) output normally supplied by Qatar, leaving European buyers short of flexible replacement cargoes.
Moldova has phased its gas procurement for the 2026-2027 heating season, securing 75% of projected domestic demand in advance. State utilities will acquire the remaining 25% on spot markets to address consumption fluctuations.