Category
Latest news

Transnistria Declares Economic Emergency Over Risk of Russian Gas Supply Halt

2 min read
Authors
Transnistria Declares Economic Emergency Over Risk of Russian Gas Supply Halt
Vadim Krasnoselsky, the head of Transnistria, gives a speech during a congress of Transnistrian deputies in Tiraspol on February 28, 2024. (Source: Getty Images)

On December 9, the breakaway state of Transnistria  has declared a state of economic emergency in the region in response to the risk of a potential halt in Russian gas supplies. The decree must now be approved by the local parliament.

The leader of Transnistria, Vadim Krasnoselsky, signed the decree to implement the emergency measures for a period of 30 days.

Previously, Ukraine has announced it will not renew its contract for the transit of Russian gas to Europe, which is set to expire on January 1, 2025.

Moldova currently receives Russian gas under a contract valid through October 2026.

Since the fall of 2022, Russian state-run energy giant Gazprom has significantly reduced daily supplies to 5.7 million cubic meters, far below Moldova’s winter consumption needs. As a result, since late 2022, all Russian gas deliveries have been redirected to Transnistria. The gas is primarily used for electricity generation at the Moldavskaya GRES  power plant, with the remainder allocated for local residential needs.

The Parliamentary Assembly of the Council of Europe recognizes Transnistria as Moldovan territory occupied by Russia.

It was previously reported that Turkey is negotiating with the United States to ease sanctions on Russia, which would allow Turkey to continue using Gazprombank for payments related to natural gas imports.

See all

A self-proclaimed state in Eastern Europe, which the international community recognizes as part of Moldova.

A large thermal power plant located in the city of Dnestrovsk in Russian-controlled Transnistria.