BUSINESS

R. of Moldova relies on Romania’s help if Russia cuts off gas supply

The administration in Chisinau relies on the European Union to the Republic of Moldova if Russia decides to cut off the gas supply to Ukraine, Valeriu Lazar, Moldovan Economy Minister, stated according to Radio Free Europe / Radio Liberty.
“We hope things will not go that far, but if gas supply is indeed cut off, we hope our partners in the EU will help us,” he said. The Minister of Economy believes that Romania or other deposits in Ukraine could provide the Republic of Moldova with necessary gas. The European Union has urged Russia to comply with undertaken commitments regarding gas supply.
“The European Union is a good client. It purchases 70 percent of Russian gas exports,” Pia Ahrenkilde-Hansen, spokesperson for the Brussels Executive, stated. “We expect providers to uphold their commitments because it is in everyone’s best interest if energy is not used as a political tool,” the EC official emphasized. President Vladimir Putin has reassured the international community that Russia intends to fulfill its obligations related to the gas supply to European countries, but pointed out that transit on Ukrainian territory is not a guarantee because it depends on Kiev.
“We guarantee the full compliance with our obligations to European consumers, but the problem does not come from us. The problem concerns guaranteeing the transit of gas on Ukraine’s territory,” Putin stated. The Russian President has sent a letter to the leaders of 18 countries including Romania and R. of Moldova about the economic risks posed by the Ukrainian crisis. “In the last several months, Ukraine’s economy has declined. Industry and construction sectors have reported dramatic drops; the budget deficit is on the rise,” Putin wrote in his letter to leaders of Romania, R. Moldova, Turkey, Hungary, Slovakia, Slovenia, Macedonia, the Czech Republic, Poland, France, Germany, Croatia, Bosnia and Herzegovina, Greece, Serbia, Bulgaria, Austria, and Italy. Furthermore, Vladimir Putin warned European leaders about the effects of the crisis in Ukraine on the supply of Russian gas, according to the Kremlin.

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