en

 

Economy
23 January, 2026 / 17:23
/ 6 hours ago

Energy Minister, US Secretary of Energy discuss energy security of Moldova, development of vertical gas corridor

The energy security of the Republic of Moldova, as part of regional and European security, as well as the current progress on the Vertical Gas Corridor project, were among the main topics discussed by Minister of Energy Dorin Junghietu with Secretary of Energy Chris Wright during a recent working visit to the United States.

The officials reviewed several concrete proposals to further develop the Vertical Gas Corridor, which will strengthen and enhance regional energy stability and security.

At the same time, the discussions focused on the energy security of the Republic of Moldova. Junghietu reiterated that for Moldova, energy is not only an economic issue but one of national security, and that the complete elimination of energy dependencies that have made Moldova vulnerable in the past is a strategic objective.

Another topic of discussion concerned the further development of the energy partnership between the Republic of Moldova and the United States, including in the context of building Strășeni–Gutinaș high-voltage power line, financed by the US, and how American expertise, technologies and investments can bring significant benefits to both countries, anchoring the Republic of Moldova in the Euro-Atlantic space.

The Republic of Moldova and Ukraine joined the Vertical natural gas transport Corridor in 2024, which currently also includes Greece, Bulgaria, Romania and Hungary. Launched in 2016, the Vertical Corridor now integrates the Trans-Balkan gas pipeline and allows the transport of natural gas from Greece to Moldova and to the underground storage facilities in Ukraine. The pipeline can carry both pipeline gas from Azerbaijan and liquefied natural gas (LNG), including from the United States, from the Greek terminals Revythoussa and Alexandroupoli.

The Trans-Balkan gas pipeline historically transported Russian gas to the Balkans via Ukraine, Moldova and Romania, but it remained inactive after Russia redirected its gas exports in 2020 through the TurkStream 1 and 2 lines. A significant part of the transport capacity along the Trans-Balkan Corridor remains underutilized despite growing demand for gas flows from south to north, towards Ukraine. To encourage the use of this route, a unique transport product has been created on this corridor, providing for a discount on gas transmission tariffs of 25% in Greece and Bulgaria, 50% in Romania and Moldova, and 46% in Ukraine, on the condition that the gas is transported through a series of dedicated points directly to the underground storage facilities in Ukraine.


 
Latest News
/ 4 days ago

Unannounced inspection at Ghidighici Forestry District

/ 7 days ago

Lukoil-Moldova company fined for failing to comply with decision on transfer, handover of assets of Chisinau Airport's oil complex

/ 7 days ago

Airline launches direct flights from Chisinau to new destination in Europe

/ 7 days ago

Switzerland provides support of over 80 million lei to strengthen integrity, transparency of Moldova's business environment

/ 7 days ago

Railway of Moldova state enterprise implements train traffic monitoring system

/ 15 January, 2026

New natural gas tariffs might could be approved in Moldova in late January – early February

/ 15 January, 2026

Greece to organize economic mission to Moldova to explore investment opportunities

/ 15 January, 2026

VIDEO // Over 100 million lei paid to Moldova's citizens who invested in government securities in 2025

/ 15 January, 2026

Moldovan deputy PM pays unannounced visits to road maintenance companies

/ 14 January, 2026

National Bank's governor in Vienna says Moldova making concrete progress toward modern, competitive economy

/ 14 January, 2026

Methodologies for collecting property tax to be updated in Moldova

/ 14 January, 2026

Moldovan deputy PM says Tiraspol must accept country’s reintegration offer, to overcome problems triggered by energy crisis

/ 14 January, 2026

Young people from France, European Economic Area to be able to take part in professional internships at companies of Moldova

/ 14 January, 2026

Grants worth up to 1.5 million lei available for enterprises investing in energy efficiency solutions in Moldova