Finance

Moldova declares state of emergency as risk of Russian gas cutoff looms

Published by Global Banking & Finance Review

Posted on December 12, 2024

1 min read

· Last updated: January 27, 2026

Add as preferred source on Google
Gazprom gas export suspension affecting Moldova's energy supply - Global Banking & Finance Review
Featured image highlighting the impact of Gazprom's decision to halt gas exports to Moldova, affecting energy supply and heating in the region, particularly in pro-Russian Transdniestria.
Global Banking & Finance Awards 2026 — Call for Entries

Moldova Declares Emergency Amid Looming Russian Gas Cutoff

CHISINAU (Reuters) - Moldova's parliament voted early on Friday to impose a national state of emergency for 60 days starting on Dec. 16 due to an expected cut-off of Russian gas supplies from Jan. 1.

Fifty-six members in the 101-seat chamber backed the measure in the vote just after midnight.

Moldova receives Russian natural gas via Ukraine, which has said it will not extend its transit contract with Russian gas giant Gazprom. The contract expires on Dec. 31.

(Reporting by Alexander Tanas, Editing by Ron Popeski and Diane Craft)

Key Takeaways

  • Moldova's parliament votes for a 60-day state of emergency.
  • Russian gas supplies to Moldova may be cut off from Jan. 1.
  • Ukraine will not extend its gas transit contract with Gazprom.
  • The contract expiration date is Dec. 31.
  • Energy security concerns rise in Moldova.

Frequently Asked Questions

What is the main topic?
The main topic is Moldova's declaration of a state of emergency due to the potential cutoff of Russian gas supplies starting January 1.
Why is Moldova declaring a state of emergency?
Moldova is declaring a state of emergency because it expects a cutoff of Russian gas supplies, which are crucial for its energy needs.
What is the role of Ukraine in this situation?
Ukraine has stated it will not extend its gas transit contract with Gazprom, affecting Moldova's gas supply.

Related Articles

More from Finance

Explore more articles in the Finance category