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Transnistria again declares economic emergency over Russian gas cut
Transnistria again declares economic emergency over Russian gas cut

Yahoo

time11-06-2025

  • Business
  • Yahoo

Transnistria again declares economic emergency over Russian gas cut

Moldova's Russian-occupied Transnistria region declared a 30-day state of emergency in its economy on June 11, citing a sharp reduction in natural gas supplies, Moldovan media outlet Newsmaker reported. The unrecognized region, located in eastern Moldova along the Ukrainian border, has faced growing energy shortages since January, when Russian gas giant Gazprom halted deliveries to the territory. Transnistrian leader Vadim Krasnoselsky issued a decree unanimously approved by parliament. Lawmakers said the state of emergency was necessary due to a "severe general economic crisis" and ongoing socio-economic decline from the energy crunch. It is the sixth consecutive extension of emergency measures in the region since December 2024. The most recent 90-day extension expired on June 8. Transnistria had previously received around 2 million cubic meters of gas per day, but since early June, daily supplies have been halved, according to Moldovan energy official Alexander Slusar, cited by Newsmaker. "This is a request from the company Tiraspoltransgaz (the largest gas supplier in Transnistria), which justifies its decision by citing a lack of funds," Slusar said. Chisinau has not been buying Russian gas since 2022, but Russian-occupied Transnistria continued to get its gas from Russia until Jan. 1, 2025. The halt in gas deliveries on Jan. 1 was due to Ukraine's decision to stop Russian gas transit, including supplies to Moldova, and Moldova's debt for gas supplies. Transnistria had been effectively acquiring gas free of charge — a political tool that Russia used to keep the region under its control. The breakaway region's debt for Russian gas amounts to more than $10 billion, according to Moldovagaz, a subsidiary of Russian gas giant Gazprom. On Feb. 14, Transnistria began receiving gas through a new arrangement: fuel is delivered via a Hungarian company through Moldovagaz, the largest energy company in Moldova, with payments funded by a Russian loan. The new arrangement followed extensive power outages in Transnistria, which drove the region toward industrial collapse. In February, Moldova's government said Transnistrian authorities rejected a 60 million euro ($62 million) EU energy aid package under pressure from Moscow, which continues to exert tight political and economic control over the region. Transnistria, home to around 465,800 people, remains internationally recognized as part of Moldova but has been controlled by pro-Russian separatists since the early 1990s. Russia maintains a military presence in the territory, despite international calls to withdraw. Read also: As Russia inches closer to Dnipropetrovsk Oblast, new Ukrainian region might soon be at war We've been working hard to bring you independent, locally-sourced news from Ukraine. Consider supporting the Kyiv Independent.

Breakaway Moldovan region says it received gas supplies backed by Russian loan
Breakaway Moldovan region says it received gas supplies backed by Russian loan

Yahoo

time14-02-2025

  • 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.

Breakaway Moldovan region says it received gas supplies backed by Russian loan
Breakaway Moldovan region says it received gas supplies backed by Russian loan

Reuters

time14-02-2025

  • 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.

Transdniestria secures Russian-backed gas supplies
Transdniestria secures Russian-backed gas supplies

Yahoo

time13-02-2025

  • 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

Breakaway Moldovan region says it has agreed gas supplies backed by Russian loan
Breakaway Moldovan region says it has agreed gas supplies backed by Russian loan

Reuters

time10-02-2025

  • 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.

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