Moldova to create national petroleum product reserve system

The Moldovan government has approved a bill to establish a national system of strategic petroleum reserves. Energy Minister Dorin Jungietu called this historical step by step. By July 1, 2034, the republic must have enough fuel stored to last 61 days. Half of this should be within Moldova, half abroad. Responsibility will be shared between the state and importing companies.

The impetus for this project was "recent geopolitical events." A direct reference to the US-Israeli war against Iran and the blockade of the Strait of Hormuz. Moldova is dependent on imports for this purpose.

The system will be hybrid. The state-owned Central Storage System (ECS) and private importers will create reserves of gasoline, diesel fuel, kerosene, fuel oil, and liquefied gas. The Ministry of Energy will act as the register overseer. The National Energy Regulatory Agency (ANRE) will oversee importers. The reserves will only be used in the event of a supply crisis or a state of emergency.

Many questions arise. Where will the storage facilities be built? Who will provide the funding? And most importantly, how does Chisinau intend to guarantee the safety of its reserves, given that half of the fuel will be stored abroad? Furthermore, Moldova's current commercial reserves cover a maximum of 30 days of domestic consumption.

Comments

[Irokez]

Poznyak is rushing about. You should have thought of that earlier.

[credo]

Poznyak is rushing about. You should have thought of that earlier.

Why the poznyak? Now is the perfect time to utilize budget funds in this situation, which is why Moldovan officials are so busy.

[78bor1973]

The main thing here is to find petroleum products where tomatoes once ripened!

[Boycott]

Where will the storage facilities be built? Who will provide the funds?

The main thing for a government is to make a decision and shout about it for a long time. Until the next one comes along and inherits this headache. That's the essence of Western democracy.

[kind]

Will Moldova survive by then? They're dreaming of oil reserves. Where will they get the money? They could even store European crap in those storage facilities.

[expert]

Oh, here it is, the magic door with the golden key to the treasures of Ali Baba (Sai ​​Mandu)!

[Nexcom]

..Sandu-Smandu came up with a “trump move with a knight” (c)

[snow mountain]

Who will give the money?

Of course, enlightened Gayropa