Moldovan Parliament Declares State of Emergency in Energy Sector Amid Gas Supply Risks
The Moldovan Parliament has declared a state of emergency in the energy sector due to the looming threat of gas supply disruptions from Russia. NewsMaker reports that gas supplies to Moldova may cease entirely on January 1, 2025, when the current gas transit agreement between Ukraine and Russia expires. Kyiv has already stated it does not intend to extend the contract.
The state of emergency will take effect on December 16 and is expected to last for 60 days.
Although Moldova has a valid gas contract with Gazprom until 2026 and an alternative delivery route via the Trans-Balkan gas pipeline, the December 16 deadline is crucial for reserving capacity on the pipeline. Moldova also faces a debt of $709 million to Gazprom.
The Moldovan Parliament has declared a state of emergency in the energy sector due to the looming threat of gas supply disruptions from Russia. NewsMaker reports that gas supplies to Moldova may cease entirely on January 1, 2025, when the current gas transit agreement between Ukraine and Russia expires. Kyiv has already stated it does not intend to extend the contract.
The state of emergency will take effect on December 16 and is expected to last for 60 days.
Although Moldova has a valid gas contract with Gazprom until 2026 and an alternative delivery route via the Trans-Balkan gas pipeline, the December 16 deadline is crucial for reserving capacity on the pipeline. Moldova also faces a debt of $709 million to Gazprom.