The EU is set to provide a €30m ($31.4m) emergency assistance package until 10 February 2025 to help address the severe energy crisis in the Republic of Moldova, including the separatist Transnistrian region.
This initiative comes as a response to Russian gas company Gazprom’s failure to supply natural gas to the area, which has left more than 350,000 inhabitants without adequate electricity and heating.
Moldova’s parliament declared a 60-day national state of emergency from 16 December 2024, anticipating a Russian gas supply cut.
In addition to aiding the restoration of electricity in the region, the package is also exploring the possibility of coal deliveries from Ukraine and includes support for electricity transmission from the Moldovan State District Power Plant, located on the left bank to the right bank of the Dniester River.
In the wake of Gazprom’s breach of contract since 1 January 2025, the region has been forced to rely on coal and gas reserves, which are insufficient for the population’s needs.
The right bank has diversified from Russian gas supplies, relying exclusively on EU gas markets since 2022.
The EU’s intervention aims to prevent the humanitarian crisis from deteriorating further by securing natural gas to cover immediate demand and facilitating the allocation of transmission capacity for gas delivery.
The EU’s commitment extends beyond immediate relief, with a broader financial support package for Moldova in the works. This comprehensive energy support package will address the social impact of the crisis and promote long-term energy resilience and economic growth, building on Moldova’s growth plan.
To date, the EU has provided €240m in direct budget support for the energy sector and assistance to more than 750,000 households through the Energy Vulnerability Reduction Fund.
Additionally, €67m in grants have been leveraged to mobilise more than €640m in investments for energy efficiency and green transition, with further macro-financial assistance amounting to €295m since 2023.
The connection of Moldova’s grid to the European continental electricity network and increased export capacity from the EU have supported the country’s energy security.
European Commission High Representative for Foreign Affairs and Security Policy/Vice-President Kaja Kallas said: “At the height of winter, the Kremlin is using energy to blackmail the people of Moldova, which is frankly outrageous albeit unsurprising. The EU will provide €30m to help Moldova buy and transport national gas to their people. In such times of need, the EU will always support its friends and allies. I also welcome the support offered by Ukraine.”
“EU offers €30m emergency aid to Moldova amid energy crisis” was originally created and published by Offshore Technology, a GlobalData owned brand.
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