Energocom Begins Gas Procurements for Transnistria

Business 1 February 2025 23:30

Energocom has started procuring natural gas for the Transnistrian region under a directive from Moldova's Commission for Emergency Situations (CSE) effective 1 February. The company will acquire up to 3 million cubic meters of gas daily from European exchanges, which will be delivered through Moldova’s national network to Tiraspoltransgaz, CE Report quotes MOLDPRES

Energocom emphasized its role in ensuring energy security for consumers on both sides of the Dniester, leveraging its experience in diversifying gas and electricity imports.

CSE also approved Energocom’s purchase of electricity for the right bank of the Dniester. Meanwhile, the European Union is providing €64 million in emergency energy support, including €20 million for gas purchases for the left bank and €10 million for electricity for the right bank. The remaining €34 million will be direct financial aid to Moldova, disbursed in two installments.

Deliveries will continue until 10 February.

Tags

Three More Greek State Airports Receive EASA Certification

31 January 23:00

Three state-owned airports in Greece—Ioannina, Syros, and Milos—have been certified by the Civil Aviation Authority based on EASA (European Union Aviation Safety Agency) criteria.

Moldova Monitors Natural Gas Deliveries to Transnistria

31 January 21:00

Chisinau will supply natural gas to the Transnistrian region once Tiraspol submits a full list of beneficiaries, ensuring that the aid reaches citizens and essential food producers rather than heavy industry.

Eurozone Economy Remains Weak as ECB Cuts Rates

31 January 18:00

The eurozone economy is expected to stay weak in the near term after stagnating at the end of 2024, European Central Bank (ECB) President Christine Lagarde said Thursday.

Moldova to Establish Horticultural Office

31 January 17:00

Moldova’s parliament has approved a draft law to create a Horticultural Office, which will operate under the Agriculture and Food Industry Ministry to implement state policies in the sector.

Finance Ministry Releases 2025 Budget Draft with 2.5% Economic Growth Projection

31 January 14:30

The Finance Ministry has unveiled its 2025 budget draft, forecasting a 2.5% economic growth rate and a GDP of 1,912 billion lei. The budget is based on an estimated annual inflation rate of 4.4% and a deficit of 7.04% of GDP.

IMF: Greece’s Economic Outlook Remains Strong, Growth Continues

30 January 23:00

Greece’s near-term economic outlook remains favorable, with real GDP sustaining strong growth, according to Joong Shik Kang, head of the IMF Mission for Greece.

Turkish Stock Market Closes Slightly Higher

30 January 22:30

Türkiye's benchmark BIST 100 index edged up 0.05% on Thursday, closing at 10,082.10 points with a daily trading volume of 89 billion liras ($2.49 billion).

Energocom Begins Gas Procurements for Transnistria

Tags

Related articles

Most read

Press Releases

Features