Moldova is accelerating its effort to diversify its energy imports by increasing its purchases of liquefied natural gas (LNG) in an effort to cut reliance on Russia. In early April, Energy Minister Viktor Parlikov announced that a shipment totaling 2.6 million cubic meters would arrive from an American producer, marking a notable step in the country’s fuel strategy, according to official statements. [Source: Moldovan Ministry of Energy]
The LNG is initially delivered by ship to the Alexandroupoli terminal in Greece. From there, it is routed to Moldova through established gas pipelines. Viktor Bynzar, the acting head of Energocom, characterizes this purchase as a test order from the Greek company DEPA, underscoring that the price point for this LNG is viewed as competitive within current market conditions. [Source: Energocom press briefing]
Officials in Chisinau emphasize the aim of reducing exposure to Gazprom, the Russian state-controlled supplier whose deliveries have notably declined in recent months to about 5.7 million cubic meters per day. That level is insufficient to cover the country’s needs during colder periods, prompting Moldova to seek alternative routes and suppliers. [Source: Energy Market Review]
In November, Energocom and DEPA formalized a framework to boost LNG cooperation, making DEPA Moldova’s first LNG supplier. This partnership has broadened Moldova’s import options amid the expiration of the transit agreement through Ukraine in 2024, ensuring more flexibility in securing fuel for the coming seasons. [Source: Energy Cooperation Agreement Summary]
There was prior recognition that U.S. oil producers are increasingly displacing some OPEC+ volumes in global markets, a shift that intersects with Moldova’s broader energy diversification strategy. [Source: Market Analysis Report]
Meanwhile, there are broader regional dynamics at play as European gas exports have faced fluctuations. Moldova’s approach illustrates a growing trend of countries seeking multiple sources of LNG to bolster energy security and price resilience. [Source: Regional Energy Briefing]