Finance Fusion Network
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Finance Fusion Network
No Result
View All Result

Moldova’s separatist Transdniestria region reduces blackouts

by
January 11, 2025
in Investing
0
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
Previous Post

Gilead, LEO Pharma partner to develop programs for inflammatory diseases

Next Post

Trump announces new Cabinet deputies as inauguration date draws near

Next Post
Trump announces new Cabinet deputies as inauguration date draws near

Trump announces new Cabinet deputies as inauguration date draws near

  • Trending
  • Comments
  • Latest
DAVID MARCUS: Public broadcasting’s purpose has passed. It’s time to pull the plug

DAVID MARCUS: Public broadcasting’s purpose has passed. It’s time to pull the plug

February 7, 2025
Elon Musk connects with indie Andrew Yang on billionaire former Trump ally’s third party push

Elon Musk connects with indie Andrew Yang on billionaire former Trump ally’s third party push

July 8, 2025
Analysis-To weather Trump, emerging market investors look to the frontier

Analysis-To weather Trump, emerging market investors look to the frontier

January 27, 2025
Over 158 million Americans voted in 2024 as Trump reclaimed the White House

Over 158 million Americans voted in 2024 as Trump reclaimed the White House

July 7, 2025
Biden autopen investigation ‘has heated up’ as DOJ looks at Delaware, DC: source

Biden autopen investigation ‘has heated up’ as DOJ looks at Delaware, DC: source

0
Harris campaign officials explain what went wrong –  and what Trump did right: report

Harris campaign officials explain what went wrong – and what Trump did right: report

0
New Republican Governors Association chair says ‘focus’ is on helping Trump get ‘off to a strong start’

New Republican Governors Association chair says ‘focus’ is on helping Trump get ‘off to a strong start’

0
NVIDIA Corporation (NASDAQ:NVDA) shares fell roughly 3%

NVIDIA Corporation (NASDAQ:NVDA) shares fell roughly 3%

0
Biden autopen investigation ‘has heated up’ as DOJ looks at Delaware, DC: source

Biden autopen investigation ‘has heated up’ as DOJ looks at Delaware, DC: source

October 29, 2025
States sue Trump admin over billions in looming cuts to SNAP, food stamps

States sue Trump admin over billions in looming cuts to SNAP, food stamps

October 29, 2025
‘Unprecedented’ antisemitism panel tackles surging national issue

‘Unprecedented’ antisemitism panel tackles surging national issue

October 29, 2025
House conservatives to lead prayer for end to political violence, government shutdown

House conservatives to lead prayer for end to political violence, government shutdown

October 29, 2025

    Fill Out & Get More Relevant News

    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent News

    Biden autopen investigation ‘has heated up’ as DOJ looks at Delaware, DC: source

    Biden autopen investigation ‘has heated up’ as DOJ looks at Delaware, DC: source

    October 29, 2025
    States sue Trump admin over billions in looming cuts to SNAP, food stamps

    States sue Trump admin over billions in looming cuts to SNAP, food stamps

    October 29, 2025
    ‘Unprecedented’ antisemitism panel tackles surging national issue

    ‘Unprecedented’ antisemitism panel tackles surging national issue

    October 29, 2025
    House conservatives to lead prayer for end to political violence, government shutdown

    House conservatives to lead prayer for end to political violence, government shutdown

    October 29, 2025

    Top News

    Biden autopen investigation ‘has heated up’ as DOJ looks at Delaware, DC: source

    Biden autopen investigation ‘has heated up’ as DOJ looks at Delaware, DC: source

    October 29, 2025
    States sue Trump admin over billions in looming cuts to SNAP, food stamps

    States sue Trump admin over billions in looming cuts to SNAP, food stamps

    October 29, 2025

    Latest News

    • Biden autopen investigation ‘has heated up’ as DOJ looks at Delaware, DC: source
    • States sue Trump admin over billions in looming cuts to SNAP, food stamps
    • ‘Unprecedented’ antisemitism panel tackles surging national issue

    About Finance Fusion Network

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 Financefusionnetwork.com. All Rights Reserved.

    No Result
    View All Result
    • Investing
    • Latest News
    • Editor’s Pick
    • Economy

    Copyright © 2024 Financefusionnetwork.com. All Rights Reserved.