Energy: Moldova and Romania sign a memorandum
Implementation of gas and power networks between two countries
22 May, 09:29The mentioned memorandum stipulates the expanding of the Iasi-Ungheni gas pipeline up to Chisinau on Moldova's territory and up to Onesti-Romania; as to electricity chapter it provides: the carrying out of the first interconnection to the south Isaccea (Romania) - Vulcanesti - Chisinau. Subsequently, a feasibility study in order to start the second interconnection is to be carried. The selected investment projects will ensure the diversification of gas and power supply sources, as well as the increase of the number of alternate suppliers. In this respect, a cooperation mechanism between the Moldovan and Romanian authorities, as to coordinate the implementation of the interconnection projects and take efforts for EU co-financing, will be set.
The energy interconnection projects between Moldova and Romania (EU) will be implemented in 2015-2018. The budget necessary for their achievement is of about 750 million euros, of which 421 million euros on Moldova's territory. (ANSA).