National Energy Regulatory Agency's leadership, U.S. Embassy's representatives analyze identifying alternative sources, routes for supplying Moldova with oil products

The impact on the regional and internal market, triggered by U.S, sanctions on two Russian oil companies, as well as the need to identify alternative sources and routes for providing Moldova with oil products have been analyzed at a working meeting of the head of the Board of the National Energy Regulatory Agency (ANRE), Eugen Carpov, with representatives of the United States Embassy in Moldova.

According to ANRE, the discussions focused on current problems in the energy sector, Moldova-USA cooperation and regional developments, as well as the contribution of U.S. authorities to the stability of supplies with energy resources, including recent sanctions imposed by the Office of Foreign Assets Control (OFAC) of the U.S. Department of the Treasury against the Russian companies Rosneft and Lukoil.

Eugen Carpov presented the logistical structure of the oil products market in Moldova, the present import and distribution infrastructure, as well as the main regional sources of supply.

“The sides exchanged opinions on the potential impact of the sanctions on both the regional and domestic market, as well as on the need to identify alternative sources and routes for ensuring Moldova's supply with oil products,” ANRE said in a press release.

Last week, the United States Department of the Treasury announced sanctions against Russian oil companies Lukoil and Rosneft, in order to reduce Moscow's ability to finance its war effort in Ukraine.

Shortly after the announcement, ANRE informed that it was analyzing the effects of the sanctions, as well as their potential impact on Moldova's oil products market.

Also, Parliament President Igor Grosu said that Moldova would not face fuel supply problems, even in the context of international sanctions applied to large Russian companies.