Romanian Energy Minister Virgil Popescu said today at the Financial Intelligence Energy Forum in Bucharest that his country wants to supply electricity and gas to Moldova “completely and completely”.
“With regard to natural gas, we have the Iasi-Ungeni-Chishinau gas pipeline – last week we approved in the government a memorandum on strengthening cooperation with the Republic of Moldova in the field of energy. We are studying ways to increase the capacity of this gas pipeline,” he added.
The Romanian minister drew attention to the successful promotion of the Suceava-Balti project – a 400 kV power transmission line directly connecting Romania and Moldova.
“We have two financing opportunities on the territory of Romania – REPowerEU (the European Commission’s plan to return the power of the European Union to abandon Russian energy resources by 2027) or the Modernization Fund. Our Moldovan colleagues have already received financing within the Republic of Moldova,” the minister continued.
“Nuclearelectrica and Energocom have already signed a PPA (Power Purchase Agreement) type contract in the context of the development of the third and fourth units [of the Romanian Cernavoda nuclear power plant],” the minister said. “In practice, we want to fully and completely supply Moldova with electricity and natural gas from Romania.”
This article was originally published by RT.