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VisitGazprom Halts Gas Supplies to Moldova Starting January 1, 2025, Citing $709 Million Debt Amid Power Exports Limit
Dec 28, 2024, 03:00 PM
Moldova is preparing for potential power shortages as Russian energy giant Gazprom announced it will halt gas supplies to the country starting January 1, 2025, due to an alleged debt of $709 million owed by Moldovagaz. Gazprom claims that the Moldovan government has refused to settle this debt, which has prompted the suspension of gas deliveries. The cutoff is expected to exacerbate energy challenges in Moldova, particularly as Ukraine has indicated it will cease gas transit from Russia in 2025. In response to the looming gas supply issues, Moldova has decided to limit its own power exports and restrict domestic energy usage as it braces for the impact of the gas cut-off. The situation has raised concerns about energy security in the region, especially in light of the ongoing geopolitical tensions involving Russia.
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