Acasă » Electricity » Maia Sandu: We cannot give up imports, there is a lot of speculation and manipulation in the market

Maia Sandu: We cannot give up imports, there is a lot of speculation and manipulation in the market

21 January 2022
Bogdan Tudorache

There are all kinds of speculations and manipulations in the market, but the Republic of Moldova will “have to do everything to remain part of the free world”, says in her message to the citizens, the President of the Republic of Moldova, Maia Sandu.

“Two crises – the energy crisis and the pandemic crisis – are affecting the lives of each of us. Only together, by joining forces, will we face these challenges. We will succeed, as we have succeeded every time we have been put to the hardest test… In terms of energy: Dear fellow citizens, you can be sure that the country’s authorities are doing everything in their power to solve this problem. You can be sure that the Power does not take bribes and that today there are no commissions in this regard.

We will definitely succeed! We will have several energy sources, we will have green energy, we will ensure the energy security of the country. The most important thing is to trust each other, to be united and to believe in the successful future of our country, the Republic of Moldova,” she stated.

“As if the health situation was not difficult enough, the energy crisis also hit us. Rising gas prices and, consequently, other energy sources are a heavy burden for many household consumers, the economy and the state. Moldova does not produce from traditional energy sources, and the governments that have led the country so far have not invested in renewable energy in time. That is why we are totally dependent on market prices in the region – and the market situation today is not normal. Gas prices have risen more than tenfold in just a few months, while the price of the products and services we produce and export has remained almost the same.

“We cannot give up the current import of energy, nor can we, overnight, build alternatives for energy production. Under these conditions, the government comes to the aid of the citizens, paying compensation for the higher tariffs. However, the government cannot pay the full cost of the increases, because then there would be no money left for other needs of the country. That is why we must learn to consume energy more rationally. Let’s thermally insulate the buildings we live in and save energy in public institutions. This will reduce the cost of heat and electricity.

It’s hard? Yes! Do we have to give up? No! Should we be manipulated and divided? No! We have a lot of energy and negotiation ‘advisers’ these days. Some tell us that the authorities had to get a lower price for gas, but they forget to analyze prices in other countries in the region or speculate with erroneous figures. Others shamelessly suggest that the price of energy should be more important than the country’s sovereignty. Another manipulation is that the call to consume energy more rationally means keeping children in the cold – it’s not true, that’s not the call. Attempts of manipulation do not help us. Let us not be deceived by populists or corrupt people who cry for power. It is not the countries that waste that are rich, but the countries that spend rationally,” Maia Sandu also said.

”And, most importantly, we must do everything we can to remain part of the free world. In any circumstance, no matter how difficult, we must not forget how important freedom is, how important respect for our human dignity is. Democracy is not an abstract notion, it is respect for the will of the people, it is our freedom to choose. Let’s not change it for short-term material benefits.”

Autor: Bogdan Tudorache

Active in the economic and business press for the past 26 years, Bogdan graduated Law and then attended intensive courses in Economics and Business English. He went up to the position of editor-in-chief since 2006 and has provided management and editorial policy for numerous economic publications dedicated especially to the community of foreign investors in Romania. From 2003 to 2013 he was active mainly in the financial-banking sector. He started freelancing for Energynomics in 2013, notable for his advanced knowledge of markets, business communities and a mature editorial style, both in Romanian and English.

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