On the surface without knowing all the details, it seems that Tofilat’s actions were warranted and prudent. Having spent more than 20 years with commodity trading companies in the energy industry, purchasing/selling gas on a daily basis makes sense to hedge against price volatility in the future by using either physical contracts or financial instruments. And as you pointed out in your article, Russia is going to use this crisis situation to try and unseat PAS from control of parliament in the upcoming elections. What a mess this could be for the people of Moldova and the pro EU political parties. Great reporting as usual David! Thanks for providing us with this information in a very succinct and timely manner!
On the surface without knowing all the details, it seems that Tofilat’s actions were warranted and prudent. Having spent more than 20 years with commodity trading companies in the energy industry, purchasing/selling gas on a daily basis makes sense to hedge against price volatility in the future by using either physical contracts or financial instruments. And as you pointed out in your article, Russia is going to use this crisis situation to try and unseat PAS from control of parliament in the upcoming elections. What a mess this could be for the people of Moldova and the pro EU political parties. Great reporting as usual David! Thanks for providing us with this information in a very succinct and timely manner!
Thanks Steve!
The impossibility of normal human existence in a world of oligarchs