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Economy
18 February, 2025 / 02:58
/ 04 February, 2025

EU proposes 60 million euros for Transnistria's energy needs

The energy independence package includes a component aimed at the left bank of the Dniester. Thus, the EU offers to allocate 60 million euros to cover the energy needs of the Transnistrian region by mid-April 2025, but Tiraspol will have to meet several conditions to benefit from the financial support.

Prime Minister Dorin Recean explained today that the support offered by the EU would allow the Transnistrian region to cover 70% of the social consumption it had before the crisis.

The assistance will be conditioned by several commitments the Transnistrian region must undertake.

The first condition involves concrete actions to respect human rights and fundamental freedoms in the region. These should be agreed with the Government of the Republic of Moldova before the aid is utilized.

Tiraspol is to present an assumed plan to gradually adjust energy tariffs to market prices for the region's consumers.

At the same time, large companies exporting products will need to pay market prices for energy.

Another condition is the exclusion of industrial consumers with high energy consumption from the support package.

The European Union announced today a new support package for the Republic of Moldova to mitigate the impact of the energy crisis. This includes the emergency aid of 30 million euros, which has already been allocated, medium-term aid for the population worth 250 million euros, and proposed aid amounting to 60 million euros for the Transnistrian region.

The letter of intent between the Moldovan government and the European Commission on the comprehensive package for the resilience and energy independence of the Republic of Moldova was signed today in Chișinău by Prime Minister Dorin Recean and European Commissioner for Enlargement Marta Kos, who is on a visit to our country.

Starting from January 1, 2025, the Russian company Gazprom unjustifiably suspended the delivery of natural gas to Moldovagaz, even though there is a valid contract until 2026, leaving consumers in the Transnistrian region without natural gas and consequently, without heating and hot water.

Under these circumstances, in late January, the European Union announced the allocation of a grant of 30 million euros for the purchase of energy resources needed by consumers on both the left and right banks of the Dniester.