Moldova: Parliament ratifies financing agreement for implementation of Energy Efficiency project

The Parliament adopted on March 31 in the first reading a draft ratification of financing agreement between Moldova and European Investment Bank (EIB) for implementation of the Energy Efficiency in the Republic of Moldova Project. The contract provides for the granting of 30 million euros to increase energy efficiency in public institutions, primarily to those…

Moldova: gas reserves to be stocked in Romania

The government has approved a draft, which regulates the stocking of natural gas for winter in reservoirs from neighbour countries. At a conference, Infrastructure and Regional Development Minister Andrei Spinu said that this warehouse might be placed in Romania. Under the Cabinet’s decision, Moldova will start stocking, for the first time ever, natural gas in…

Ukraine: energy reserves sufficient

Ukraine has sufficient reserves of energy resources to ensure the sustainable operation of the energy system. This was emphasized by the Minister of Energy of Ukraine German Galushchenko. “Synchronization with European networks has given us additional stability of the energy system in terms of technical flows. And we have the opportunity to attract electricity from…