Moldovan energy ministry says country could become important gas transit corridor

Access to the new natural gas transportation route to Ukraine will enable Moldova to become an important transit corridor in Europe.

This was reported by the press service of the Ministry of Energy of the country.

The ministry noted that the energy regulator has started the procedure for approving another route for natural gas transportation.

“Thanks to this route, our country has an opportunity to become an important transit corridor,” the Moldovan Energy Ministry said in a social media post.

Earlier, the Financial Times quoted Ukrainian Energy Minister German Galushchenko as saying that Russia could stop transiting its gas to Europe through Ukraine by the end of next year, when Kiev’s contract with Gazprom expires.

Sergey Pravosudov, director-general of the Institute of National Energy, told FBA Economics Today that the prospects for the gas market in Europe directly depend on the weather.

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