Monday 26 August 2013

New Europe pipeline to curb Moldova's need for Russian gas | Reuters

New Europe pipeline to curb Moldova's need for Russian gas | Reuters:

"* Pipeline can provide up to one third of Moldova's needs

* Commission providing seven million euro grant

Aug 26 (Reuters) - Moldova will move closer to cutting its complete reliance on natural gas from Russia on Tuesday, with the inauguration of its first pipeline link to European Union supplies.

To curb Russia's dominance of the European energy market, the European Union has been working to diversify its own sources of gas and also those of neighbouring states.

"This is a historic day - we are celebrating that Moldova will be directly connected to the EU gas market. This will enhance its energy security and reduce its dependence from the only supplier it has now," EU Energy Commissioner Guenther Oettinger said in a statement ahead of Tuesday's inauguration."

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