Moldovagaz requested the National Agency for Energy Regulation to increase the average natural gas rate for end users. According to the calculations presented by this, the rate for the natural gas distributed through low pressure pipelines should be raised from 14,060 lei to 22,229 per 1,000 cubic meters of gas or by 58.1%, IPN reports.

In a press release, Moldovagaz says the considerable increase in the purchase prices of gas is the main factor that requires a revision of the gas rates. “This decision is in strict compliance with the legislation. It will enable to fully cover the purchase piece and to this way fulfill the terms of the contract signed with the gas supplier,” noted the company.

Moldovagaz asks that the new rates should take effect on June 1, 2022.

The rate on natural gas at regulated prices is adopted by the National Agency for Energy Regulation in a public meeting.

The purchase price of natural gas for May is US$920 per 1,000 cubic meters.