Romania is able at this time to invest in Republic of Moldova for energy interconnection projects, so the neighbor state to always have two sources of supply of gas and electricity, as well as the option to choose the cheapest option, declared Prime Minister Ponta.
“Always have two sources for gas and electricity, and access the one that is the best, cheapest, safest. Romania is able, and currently it has the necessary resources – economic growth, our energy companies had significant profits in 2014 – and we can invest in the Republic of Moldova”, Ponta said, pointing that political agreements need only to be applied.
Iași-Ungheni gas pipeline will be extended to Onești and Chișinău
Iași-Ungheni pipeline will be extended to Chișinău in Republic of Moldova, and to Onești, in Romania, under a memorandum signed Thursday by representatives of the two governments, in the context of a visit by Prime Minister Victor Ponta in the neighboring state, headlines Mediafax.
The 100 kilometers extension to Chișinău would cost between 110 and 150 million euros, depending on the capacity of transport, and construction could take about three years. The EU has allocated for this project 10 million euros.
The memorandum also foresees making the first South power interconnection between the two countries, Isaccea- Vulcăneşti and Vulcănești-Chișinău, subsequently being carried out a feasibility study for the start of the second connection.
