Romania Aims to Provide Moldova with 100% Electricity and Gas Supply

Romanian Energy Minister Virgil Popescu said today at the Financial Intelligence Energy Forum in Bucharest that his country wants to supply electricity and gas to Moldova “completely and completely”.

“As for natural gas, we have the Iasi-Ungheni-Chisinau gas pipeline – last week we approved a memorandum in the government on strengthening cooperation with the Republic of Moldova in the energy sector. We are studying ways to increase the capacity of this gas pipeline,” he added.

The Romanian minister drew attention to the successful promotion of the Suceava-Balti project – a 400 kV transmission line directly connecting Romania and Moldova.

“We have two financing options in Romania – REPowerEU (the European Commission’s plan to return the EU’s authority to abandon Russian energy resources by 2027) or the Modernization Fund. Our Moldovan colleagues have already received funding within the framework of the Republic of Moldova,” the minister continued.

“Nuclearelectrica and Energocom have already signed a PPA (electricity purchase agreement) contract in the context of the development of the third and fourth units (the Romanian Cernavoda NPP),” the minister said. “In practice, we want to fully and completely supply Moldova with electricity and natural gas from Romania.”

Source: TASS

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