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The EU is looking for ways to step up support for Moldova amid the increasingly difficult situation in the energy sector and the need to finance alternative gas and electricity supplies.

The EU is looking for ways to step up support for Moldova amid the increasingly difficult situation in the energy sector and the need to finance alternative gas and electricity supplies.

The European Commissioner for Energy, Kadri Simson, stated this at a press conference of the Energy Council. She said the situation in Moldova's energy sector is becoming more complicated as Moldova used to depend on Ukraine for 30 percent of its electricity imports and the forced suspension of export of Ukrainian electricity poses a serious problem for Moldova. In addition, Moldova was also informed last week of further cuts in gas flows from Gazprom and electricity supplies from Transnistria. "This is another clear example that Russia is weaponising energy supplies. Moldova has secured some alternative supplies from Romania for a limited period, but this is not enough. We are working with the Energy Community to ensure Moldova can import gas and electricity from alternative sources other than Transnistria. But the challenge is not only the access to supply, but the financing as well. We are looking into ways of stepping up the EU support," said Kadri Simson. // 26.10.2022 - InfoMarket.

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