Trends and Risks in the Natural Gas Supply of the Republic of Moldova

Abstract

Sustainable economic development is also determined by the availability of primary energy supply. Geographical incoherence of energy production and consumption areas leads to new challenges in providing consumers with energy. The purpose of this work is to analyze and assess trends and problems related to the provision of energy resources, mainly of the natural gas for Republic of Moldova in the context of new challenges in the natural gas market and rhe changes in their transport infrastructure. The investigative methodology is based on the analysis of time series of production, consumption and import of energy resources at global and regional level in 1990-2017. It is proposed to using the linear approximation functions. The coefficients and the its signs of these functions ("plus" or "minus") and the value of and the determination coefficient are used for the quantitative analysis of the production, consumption and import trends of primary energy and natural gas. Europe and Asia ensure their energy balance by massive energy imports. The Southeast European region, including the Republic of Moldova, imports large sums of primary energy resources. The need to import natural gas in the Romania-Moldova-Ukraine sub-zone is currently estimated at about 12 million tons of oil equivalent. The new energy corridors for the transportation of natural gas will lead to new challenges regarding the natural gas supply of the Republic of Moldova. Information on possible scenarios of natural gas supply to the Republic of Moldova is presented and the estimated costs for natural gas transport for these scenarios are presented.

Keywords

• production and consumption
• a
• numerical series