Moldovagaz sold 24.5 million cubic meters of natural gas to Energocom in accordance with the market rules approved by the National Agency for Energy Regulation in 2019. The president of the Administration Board of Moldovagaz Vadim Ceban informed about this through Telegram. He said the transaction is a historical success on the national gas market, IPN reports.

The transaction was performed based on the decision taken by the Commission for Exceptional Situations on May 23, 2022. The gas was bought by Energocom for being stored.

The profits from the transaction will be used by Moldovagaz to fulfill it financial obligations to Russia’s gas giant Gazprom.