Moldova to continue to buy third of electricity from Ukrainian cos in Oct - deputy PM

CHISINAU. Oct 3 (Interfax) - Moldova will continue to purchase the electricity that it lacks from Ukrainian companies Energoatom and Ukrhydroenergo in October, Moldovan Deputy Prime Minister and Infrastructure and Regional Development Minister Andrei Spinu said

"State-owned company Energocom has concluded the following agreements for electricity supplies: 67% of supplies from Kuchurgan Power Station [owned by Russia's Inter RAO and located in Transdniestria] for $62.5 per megawatt-hour for the month of October, an agreement for 30% of supplies has been concluded with company Energoatom at $77 per MWh from October 1 to October 15, and an agreement for 3% has been concluded with Ukrhydroenergo at a price of $132 per MWh from October 1 to October 15," Spinu said on Telegram on Friday.

The average-weighted price for October is $68.9 per MWh, the same as August and September, he said.

"We're continuing to save up, stock up, and prepare for winter," Spinu said.

Moldova is purchasing electricity from the Kuchurgan Power Station in Transdniestria. The agreements have been concluded for one month only since March due to the energy crisis in the country and unstable gas prices. Due to Gazprom reducing gas supplies to Transdniestria since May, the Kuchurgan Power Station has warned Chisinau that it will be able to supply only 70% of the necessary volume of electricity to the right bank of the Dniester. Moldova has been purchasing the electricity that it lacks from Ukraine since May.