Over 16,000 tones of fuel oil to be released to “Termoelectrica” from state reserves

The Materials Reserves Agency will provide 16,500 tonnes of fuel oil from the state reserves to “Termoelectrica” SA, as the Cabinet decided in a meeting on October 22, IPN reports.

Minister of Home Affairs Ana Revenco said the state intervenes to deal with the emergency on the natural gas market so as to ensure the country’s energy security and to protect the population.

Given the crisis situation on the natural gas market of Moldova, “Termoelectrica” switched over to fuel oil. As the company used up the own supply of crude oil by October 15, the Commission on Emergencies decided to release 16,500 tonnes of fuel oil from the state reserves so as ensure continuity of the electricity and heat production process.

“The utilization of the released fuel oil will enable to provide the population and the most important social institutions, such as kindergartens, hospitals and schools, with electrical energy and with heat during the cold period of the year. The use of this fuel will enable “Termoelectrica” SA to supply heat and electricity to customers at the same tariff and natural gas will be economized this way,” stated Ana Revenco.

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