Moldova and Romania strike electricity supply deal

Moldovan state energy company, Energocom, announced Thursday an energy supply agreement with Romania’s OMV Petrom, aimed at bolstering Moldova’s energy security and ensuring a more reliable supply.

Under the agreement, OMV Petrom will supply Moldova with 30 megawatts of electricity until January 31, Energocom said in a statement.

On January 1, Russian energy giant Gazprom suspended natural gas deliveries to the region after the contract for shipments via Ukraine ended and Moldova failed to pay its debt of about $709 million.

While Moldova’s government has transitioned to coal for power generation, the ‘Transnistria’ region, an area within Moldova’s borders that has unilaterally declared independence, is facing a natural gas crisis.

• Moldova
• OMV Petrom
• Romania