29.8 C
Dubai
Thursday, November 14, 2024
spot_img

Moldova declared a state of emergency due to natural gas crisis | Oil and Gas News

[ad_1]

After the traditional supplier Russia raised prices, Moldova sought cheaper natural gas from Europe.

The Moldovan Parliament has approved the state of emergency requested by the government until November 20, as it attempts to alleviate the shortage of natural gas amid soaring world energy prices.

The Ministry of Defense said on Friday that the eternal flame on a World War II monument in the capital Chisinau had been extinguished due to a shortage of natural gas.

This country with a population of 2.6 million is sandwiched between Romania and Ukraine and obtains natural gas from Russia through its pro-Russian separatist region Transnistria and Ukraine.

Sergiy Makogon, head of the Ukrainian national gas transmission operator GTSOU, told Reuters that the supply is “only enough to meet 67% of Moldova’s demand”.

Ukrainian Foreign Minister Dmitro Kuleba told the Moldovan Foreign Minister in Kiev that Ukraine will continue to send natural gas to Moldova. Moldova consumes 2.8 billion cubic meters of natural gas annually.

The Russian gas giant Gazprom has increased the price from US$550 per thousand cubic meters last month to US$790 this month-Deputy Prime Minister Andrei Spinu said that this level “Unreasonable and unrealistic” for the poorest countries in Europe.

“We are facing a severe situation,” Prime Minister Natalia Gavrilita said on Friday.

She told the parliament that Moldova will seek supplies from EU countries and thanked Romania and Ukraine for already supplying some natural gas.

Although Gazprom and its subsidiary Moldova Gas Company agreed last month to extend the existing supply contract to October 31, Gavrita said that Moldova Gas Company “has not kept its promise.”

She said that the company did not provide the required amount of natural gas, and Moldova’s natural gas supply in October was one-third less than usual.

The prime minister said that Moldova and Gazprom are continuing negotiations, but the former Soviet country has “no confidence” in the success of the negotiations and “must take action”, otherwise there will be “no natural gas.”

The month-long state of emergency enabled Moldovan utility company Energocom to obtain natural gas from other countries.

The country’s natural gas shortage comes at a time when natural gas prices are skyrocketing, and some in Europe blame it on Moscow’s failure to provide additional supplies to put pressure on the European continent.

Some experts say that Russia has raised prices due to pressure from Moldova’s election of a pro-European president in Mayasandu last year. The latter has stated that she hopes to reintegrate the separated Transnistria region into Moldova.

Former President Igor Dodon, who was defeated by Sandu, called the decision to extinguish the eternal flame “a shame” and accused the current authorities of trying to save money on “sacred value.”

The country has long been divided over establishing closer relations with the European Union or maintaining relations with Soviet-era Moscow masters.



[ad_2]

Source link

Related Articles

UAE Amplifies Compassion: Humanitarian Aid to Gaza Reaches 121 Deliveries with ‘Operation Chivalrous Knight 3

UAE commitment to humanitarian aid has once again been highlighted through its ongoing support for the people of Gaza. In a significant effort to alleviate...

Cryosphere in Crisis: Urgent Call for Global Action as Rapid Ice Loss Threatens Economies and Ecosystems

Cryosphere, encompassing Earth's frozen water reserves—ice sheets, glaciers, sea ice, snow cover, and permafrost—is undergoing dramatic transformation due to accelerating global warming. Scientists are raising...

UAE and India Forge Strategic Energy Alliance for Sustainable Growth

UAE and India has entered a new phase as both countries commit to expanding their strategic energy partnership with a strong focus on oil,...

Brazil Betting Boom: Economic Impacts and the Growing Need for Regulatory Oversight.

Brazil expanding gambling industry is witnessing a rapid transformation, marking a significant shift in the country’s economic landscape. The surge in legal betting and gaming...

Trump Bold Return: Transformative Shifts in Immigration, Trade, and Green Policy on the Horizon

Trump has been elected to serve another term as president, set to take office in January 2025. His victory marks a return to the White...

Latest Articles