Connect with us

Hi, what are you looking for?

Alive Business PlanAlive Business Plan

Stock

Moldova’s separatist Transdniestria region reduces blackouts

(Reuters) – Authorities in Moldova’s separatist Transdniestria region said on Saturday that energy conservation measures have allowed them to ease restrictions caused by a halt to Russian gas supplies, with the duration of rolling blackouts to be further reduced.

Moldova’s pro-European central government renewed its criticism of Russia, saying it caused the energy crisis and now wants to portray itself as the power that was coming to the separatist region’s rescue.

Transdniestria, which split from Moldova at the end of Soviet rule, has relied on Russian gas shipped through Ukraine. Authorities in Ukraine, locked in a 34-month-old conflict with Russia, refused to extend a transit deal into 2025.

Russian gas giant Gazprom (MCX:GAZP) has said it will not send the gas to Moldova along alternative routes, citing what it describes as Moldovan arrears of $709 million. Moldova, which denounces Russia’s invasion of Ukraine, disputes that figure.

Transdniestria’s pro-Russian leaders, reporting on the region’s official Telegram channel, said daily rolling blackouts would be reduced to three hours on Sunday. The power cuts, eight hours long earlier this week, were cut to five hours on Friday.

“With current super efficiencies in consumption, Transdniestria has enough gas until the end of January,” the channel quoted First Deputy Prime Minister Sergei Obolonik as saying.

Many factories have switched to night shifts, when the power grid is under less strain, but authorities said one plant, a cement manufacturer in the town of Rybnitsa, closed down.

A steel mill of critical importance to the region also closed in the city.

Russian gas supplied to the separatist region powered a thermal plant which provided electricity both for Transdniestria and most of the needs of government-held regions.

MOLDOVA HOLDS RUSSIA RESPONSIBLE

The press secretary of Moldova’s central government, Daniel Voda, said suggestions that Russia might relent and eventually send gas to Transdniestria do not alter Moscow’s responsibility for the energy crisis.

“Every time that Russia wants to show its might, it cuts off vital resources and turns people into hostages,” Voda told the media outlet Nokta.

“This is an experiment using people that shows that Moscow is not worried about residents’ comfort and security. … No one deserves to live in fear and in the cold.”

Moldova’s government has accused Russia of artificially creating the energy crisis to destabilise the country ahead of this summer’s parliamentary election. It has offered to help Transdniestria tackle the power shortages, but the separatist region’s leaders deny receiving any official proposals.

Moldovan President Maia Sandu has said Gazprom could supply gas to Transdniestria via an alternative route, the Turkstream pipeline through Turkey and then Bulgaria and Romania.

Transdniestria fought a brief war against Moldovan government forces in 1992 and still hosts 1,500 Russian soldiers on the tiny territory that neighbours Ukraine.

This post appeared first on investing.com
Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    You May Also Like

    Latest News

    The Gateway Pundit, a far-right website, published a note from its editor on Saturday acknowledging that two election workers in Georgia did not engage...

    Latest News

    Sister Stephanie Schmidt had a hunch about what her fellow nuns would discuss over dinner at their Erie, Pennsylvania, monastery on Wednesday night. The...

    Investing

    JAKARTA (Reuters) -Indonesia has asked Alphabet (NASDAQ:GOOGL)’s Google and Apple (NASDAQ:AAPL) to block Chinese fast fashion e-commerce firm Temu in their application stores in...

    Latest News

    New majorities in Congress, particularly when the incoming party has a new leader, offer the rare chance for the institution to take a breath...



    Disclaimer: alivebusinessplan.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2024 alivebusinessplan.com