Moldova, one of Europe’s poorest countries, has suffered widespread power outages amid reduced gas flows from Russia and Kremlin airstrikes on energy infrastructure in neighboring Ukraine.
Moldova’s Deputy Prime Minister Andrei Spinou announced an energy deal on Saturday that he said would reduce the risk of “massive blackouts” in the former Soviet republic.
Spinou said state utility Energocom will buy enough electricity from the country’s largest power plant to cover all of Moldova’s needs for December, combined with imports from Romania.
Moldova, one of Europe’s poorest countries, has suffered widespread power outages amid reduced gas flows from Russia and Kremlin airstrikes on energy infrastructure in neighboring Ukraine.
The power station, located on breakaway territory loyal to Moscow, depends on Russian gas supplied by Chisinau. It had stopped supplying electricity to the rest of Moldova after Russian state energy giant Gazprom cut its flows by 40%.
Chisinau has since relied on more expensive Romanian electricity, but continues to suffer from blackouts linked to Russian strikes in Ukraine.
Spinou said the power station, located across the Dniester River, would receive 5.7 million cubic meters of natural gas per day in exchange for selling electricity for $73 per megawatt hour.
“This contract is a reasonable compromise to ensure electricity and natural gas to citizens on both banks of the Dniester,” Spinou wrote on his Telegram channel.
He added that officials are exploring the possibility of extending the contract through 2023.
RES-EMP
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