Latest news with #Transdniestrian
Yahoo
14-02-2025
- Business
- Yahoo
Breakaway Moldovan region says it received gas supplies backed by Russian loan
KYIV (Reuters) - Moldova's pro-Russian breakaway Transdniestria region started receiving gas supplies under a loan provided by Moscow, separatist authorities said on Friday. Transdniestrian leader Vadim Krasnoselsky said in a statement on Telegram that gas deliveries were possible due to Russian loan assistance and cooperation with Russia's Ministry of Energy. Russian gas flows to Transdniestria via Ukraine stopped at the start of January when Ukraine refused to extend a transit agreement. See for yourself — The Yodel is the go-to source for daily news, entertainment and feel-good stories. By signing up, you agree to our Terms and Privacy Policy. Moldovan Prime Minister Dorin Recean said earlier this month that his country would not block the gas flows under an arrangement involving Hungary's MET Gas and Energy Marketing AG. Tens of thousands residents of Transdniestria, a sliver of territory run by pro-Russian separatists along Moldova's border with Ukraine, were plunged into energy crisis on January 1 when shipments of Russian natural gas stopped.
Reuters
14-02-2025
- Business
- Reuters
Breakaway Moldovan region says it received gas supplies backed by Russian loan
KYIV, Feb 14 (Reuters) - Moldova's pro-Russian breakaway Transdniestria region started receiving gas supplies under a loan provided by Moscow, separatist authorities said on Friday. Transdniestrian leader Vadim Krasnoselsky said in a statement on Telegram that gas deliveries were possible due to Russian loan assistance and cooperation with Russia's Ministry of Energy. Russian gas flows to Transdniestria via Ukraine stopped at the start of January when Ukraine refused to extend a transit agreement. Moldovan Prime Minister Dorin Recean said earlier this month that his country would not block the gas flows under an arrangement involving Hungary's MET Gas and Energy Marketing AG. Tens of thousands residents of Transdniestria, a sliver of territory run by pro-Russian separatists along Moldova's border with Ukraine, were plunged into energy crisis on January 1 when shipments of Russian natural gas stopped.
Yahoo
13-02-2025
- Business
- Yahoo
Transdniestria secures Russian-backed gas supplies
The separatist region of Transdniestria, located along Moldova's border with Ukraine, has reached an agreement to receive natural gas supplies backed by a Russian loan. This development comes after a halt in Russian gas shipments on 1 January 2025, which led to widespread power outages in the region. The delivery of gas to Transdniestria, facilitated by Hungary's MET Gas and Energy Marketing, is underpinned by Russian financial and operational support, according to Transdniestrian leader Vadim Krasnoselsky. Moldovan Prime Minister Dorin Recean confirmed that Moldova would not obstruct the gas flows to the breakaway territory. The origin of the gas involved in the new agreement has not been disclosed by either Moldovan or Transdniestrian authorities. Recean indicated that daily supplies of three million cubic metres could commence from 13 February 2025, with the current agreement spanning only 16 days. Recean also highlighted that Transdniestria had declined a EU offer of €60m ($61.9m) to fund gas purchases, as it would necessitate an incremental increase in consumer gas prices. He added: "The inhabitants of the Transdniestria region will continue to live in a state of unpredictability and worry about gas supply. "It is a solution that doesn't solve the problem long term." Previously, Moldova had stepped in to supply the region with gas for the first ten days of this month, utilising a portion of a €30m grant from the EU. The cessation of Russian gas via Ukraine earlier in January was due to Kyiv's refusal to renew a transit agreement, prompting Moldova to suggest alternative routes. However, Russia's Gazprom ceased exports to Transdniestria, citing an unresolved debt issue with Moldova. Transdniestria, which declared independence from Moldova after a brief conflict in the 1990s, has historically accessed inexpensive Russian gas, which has been used for heating and electricity production, with the latter being sold to the rest of Moldova. "Transdniestria secures Russian-backed gas supplies" was originally created and published by Offshore Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Reuters
10-02-2025
- Business
- Reuters
Breakaway Moldovan region says it has agreed gas supplies backed by Russian loan
CHISINAU, Feb 10 (Reuters) - Moldova's pro-Russian breakaway Transdniestria region will start receiving natural gas supplies via a Hungarian company under a loan provided by Moscow, separatist authorities said on Monday. Residents of Transdniestria, a sliver of territory run by pro-Russian separatists along Moldova's border with Ukraine, were plunged into crisis on January 1 when shipments of Russian natural gas were halted, leading to widespread power cuts. The delivery of gas "was made possible by Russian credit and functional support," Transdniestrian leader Vadim Krasnoselsky wrote on Telegram, without providing further details. Moldovan Prime Minister Dorin Recean said his country would not block the gas flows to Transndniestria under an arrangement involving Hungary's MET Gas and Energy Marketing AG. There was no immediate comment from Russia, which has blamed the crisis on Moldova's pro-European government. Moscow has troops stationed in the breakaway territory, which it supported with gas supplies until transit via Ukraine stopped this year. Neither Moldova nor Transdniestrian authorities have disclosed the origin of the gas involved in the new arrangement. Recean said supplies of 3 million cubic metres of gas per day could start from February 13 and had so far only been agreed for 16 days. He said Transdniestria rejected a European Union offer of 60 million euros to fund gas purchases on the grounds that it would have required consumers to gradually pay more for gas. "The inhabitants of the Transdniestria region will continue to live in a state of unpredictability and worry about gas supply," Recean said. "It's a solution that doesn't solve the problem long term." Moldova supplied the region with gas from February 1-10, buying it on European markets and using part of a 30 million euro grant from the European Union. Russian gas flows to Transdniestria via Ukraine stopped at the start of January when Kyiv refused to extend a transit agreement. Moldova said Moscow should send the gas through other routes, such as one across the Balkans. Russia's Gazprom ( opens new tab then halted exports to Transdniestria, citing an unpaid debt held by Moldova, which Chisinau does not recognise. Transdniestria, which broke free from Moldova's control after a short war in the 1990s, had benefited for decades from cheap Russian gas used to heat homes and produce electricity sold to the rest of Moldova.
Yahoo
31-01-2025
- Business
- Yahoo
Moldova to ship first 3 mcm of gas to breakaway region on Saturday, company says
By Alexander Tanas CHISINAU (Reuters) - Moldova on Saturday will send 3 million cubic metres (mcm) of gas to its separatist enclave Transdniestria, the first fuel supply to the area since end-December, when gas transit through Ukraine was halted, a Moldovan industry official said on Friday. The delivery will start in the morning and it is intended to fill the Transdniestrian gas system, which is already experiencing a shortage of gas to maintain pressure. "According to the contract between Moldovagaz and Tiraspoltransgaz, this volume of gas is provided as a debt to be repaid by March 1, 2025," Moldovagaz CEO Vadim Ceban told Reuters. Tens of thousands of people in the region have been without gas or winter heating since Jan. 1, when Russia's Gazprom suspended gas exports to the region, citing an unpaid Moldovan debt of $709 million that Chisinau does not recognise as valid. Moscow blames the suspension of gas supplies on pro-Western Moldova and Ukraine, which refused to extend a five-year gas transit deal that expired on Dec. 31, on the grounds that the proceeds help fund Russia's invasion. Moldova's authorities have said that despite a valid contract and the option of an alternative transit route, Gazprom is refusing to supply gas in order to destabilise its government ahead of this year's parliamentary elections. MORE SUPPLY This 3 million cubic metres will precede a larger gas supply, paid for by the European Union, which issued 30 million euros ($31.14 million) to provide Transdniestria and Moldova with both heat and electricity. Alexandru Slusar, a member of the Administrative Board of the Moldovan state-owned Energocom company, told Reuters that 20 million euros would be used to buy gas for Transdniestria and 10 million euros will be spent by Chisinau to buy electricity on the exchange in Romania. A Moldovan industry source said that Tiraspol would buy gas from the Moldova's Energocom at an average rate of 3 mcm per day in February 1-10 and Moldovagaz would deliver this gas to the Transdniestrian company Tiraspoltransgaz. It is not clear how the separatist region, which has been receiving free gas from Russia for decades, will ensure gas supply after Feb. 10. ($1 = 0.9633 euros) (Writing by Pavel Polityuk; editing by David Evans) Sign in to access your portfolio
