EU to Allocate 60 Million Euros to Moldova to Overcome Gas Crisis | News from Germany about Europe | DW

The European Union will provide Moldova with 60 million euros to overcome the gas crisis that arose after the failure of the negotiations between Chisinau and the Russian “Gazprom”. This was announced by the President of the European Commission Ursula von der Leyen after a meeting with Moldovan Prime Minister Natalia Gavrilitsa on Wednesday, October 27.

“This is great news for the Moldovan people,” Gavrilitsa responded on Twitter.

A few hours earlier, the British newspaper Financial Times reported that Gazprom was offering the Moldovan authorities a discount on gas in exchange for changing the free trade agreement with the EU and postponing the energy market reform agreed with Brussels. The innovations provide for the liberalization of the gas market and increased competition. Gazprom claims it is negotiating with Moldova “exclusively on market terms.”

Emergency in Moldova due to lack of gas and purchases from companies from the EU

Moldova’s long-term contract with Gazprom, signed in 2006 and renewed annually since then, expired on 30 September. The agreement was extended for another month, during which time Chisinau bought gas from the Russian concern at a price of $ 790 per 1,000 cubic meters.

The Parliament of Moldova voted for the introduction of a state of emergency in the country from October 22 to November 20 due to a gas shortage. On October 23, Gazprom threatened to refuse further gas supplies to Moldova, if it does not pay off the debt and does not agree on the terms of a new contract. Two-day talks between Moscow and Chisinau on gas have not yielded results.

In recent days, Moldova has been purchasing gas from other companies. Chisinau has already purchased 1 million cubic meters of gas from the Polish company PGNiG and the same amount from the Dutch company Vitol. The Moldovan company Energocom has announced the third tender for the purchase of 1.5 million cubic meters of natural gas with its delivery to Moldova on October 28.

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