OIL CRISIS: A WINDOW OF OPPORTUNITY FOR THE EASTERN PARTNERSHIP

9

Analytica: Oil Crisis: a Window of Opportunity for the Eastern Partnership

Moldova imports petroleum products thus satisfying its own need. Therefore, lower global prices should make a positive impact on its economy. Yet natural gas is supplied by Russian Gazprom at the price ($174/1000 cubic meters) that is significantly higher than the price at the European market and it has not been revisited yet. New agreements between Transmission System Operators of Ukraine and Moldova provide an opportunity to purchase gas in the European Union and supply it to Moldova at low prices and diversify sources and routes of gas supplies. Low oil prices mean a good time for making stocks in accordance with EU Directive requirements.

April in review

Moldova: Economic Recession Seems Inevitable

In April, the main priority of the Moldovan authorities and society has been the fight against the spread of the COVID-19 pandemic in order to limit its economic and social implications. […]

Victor Chirila, Foreign Policy Association of Moldova

EaP-Think-Bridge-№17-2020

Download: http://www.ape.md/wp-content/uploads/2020/05/EaP-Think-Bridge-17-2020.pdf