The European Commission and Moldova have reached an agreement on a comprehensive two-year strategy aimed at enhancing the country’s energy independence and resilience.
This agreement has two primary goals: to sever Moldova’s reliance on the uncertainty of Russian energy supplies and to facilitate its full integration into the EU energy market. As part of this plan, total support for Moldova is set to reach 250 million euros by 2025, with the EU committing to provide 100 million euros by mid-April. Additionally, 60 million euros will be allocated to assist residents in the Transnistria region, subject to certain conditions.
Moreover, through the cooperation of international financial institutions, an extra 50 million euros will be designated for sustainable energy efficiency projects aimed at local authorities, households, and small and medium-sized enterprises (SMEs).
The strategy also includes funding of 60 million euros for over 350,000 individuals in the Transnistria region, who faced severe energy shortages in January following the suspension of gas supplies by Gazprom.
The Russian gas company Gazprom failed to meet its contractual obligations, halting gas deliveries to the Transnistria region, which has led to a significant energy crisis. This disruption has caused serious economic and social challenges for the people of Moldova, particularly those living in Transnistria, according to the Commission. (2/4/2025)
Leave a Reply