The ministers have given the green light for the Moldova-Romania energy interconnection projects. The government approved the Memorandum of Understanding regarding the implementation of initiatives.
The document was signed in Chisinau on 11 December 2023. Its objective is to promote the development of the Republic of Moldova and Romania by exploiting bilateral cooperation opportunities. The decision would enhance the security of energy supply for both countries and enable diversification of regional sources and supply routes.
According to the Energy Ministry, the Memorandum outlines actions to increase natural gas transmission capacity and explore the expansion of the Iasi-Ungheni-Chisinau gas pipeline by constructing a transmission pipeline around Chisinau by the end of 2031 in the natural gas sector.
The document provides the construction of new power interconnection lines with Romania, from Balti and Straseni. Also, it stipulates the construction of new power interconnection lines with Romania, from Balti and Straseni.
“The Memorandum aims to implement the European Union’s energy policy objectives by developing interconnections with neighboring countries and strengthening relations with the Republic of Moldova within the framework of the Energy Community. This will integrate local energy markets into the European single market.
Another important aspect of the Memorandum concerns the coordination of positions during meetings between the European Commission, Romania, the Republic of Moldova, and international financial institutions. The aim is to prioritize infrastructure objectives and avoid overlapping activities or actions that could delay the implementation of priority projects while respecting national legislation,” the Ministry of Energy reports.