Tsarizm
Central Europe News

Moldova Picks Ukraine Over Russia In New Energy Deal

Pavel Filip

Ukraine’s DTEK Trading, owned by Rinat Akhmetov, and Moldova’s state-owned intermediary, Energocom, signed a one-year contract, on April 1, for the supply of electricity to Moldovan distributors. Energocom/DTEK’s only competitor was the Kuchurgan Power Station, which is located in Transnistria and belongs to the Russian state-owned electricity giant, Inter RAO. According to Moldova’s Ministry of Economy, the winning bid offered to sell power at $50.20 per megawatt/hour (MWh), compared to Kuchurgan’s offer of $54.40 per MWh (MEC.gov.md, April 1). However, questions remain as to why DTEK had to go through the Moldovan intermediary and did not submit a bid directly. Moreover, there are concerns about DTEK’s capacity to cover Moldova’s energy needs in full (Exprt-Grup.org, March 31)…

To Read More Visit Oilprice.com

Related articles

Russia Says US Missiles In Romania, Poland Would Violate INF Treaty

L Todd Wood

Saakashvili Says He’s Received Permission To Stay In Ukraine

Tsarizm Staff

Polish People Pray For Salvation Along Their Borders, Mainstream Media Portrays As Extremism

L Todd Wood

Subscribe to our evening newsletter to stay informed during these challenging times!!