Termoelectrica to receive 10,000 tonnes of fuel oil from national reserve

The governmental Material Reserves Agency will lend 10,000 tonnes of fuel oil to Termoelectrica, as decided by the Government.

The measure is supposed to allow the utility to continue supplying the population and socially important facilities with electricity and heat, amid an energy crisis caused by reduced gas supplies from Russia.

Under the terms of the loan, Termolectrica must return the borrowed fuel oil to the Agency in the same amount and of the same quality, regardless of price fluctuations, until July 1, 2023.

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