• Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans

Subscribe to Updates

Get the latest finance news and updates directly to your inbox.

Top News

Uber, Lyft Rides Got More Expensive — Affecting Riders, Drivers

March 8, 2026

Boost Your Workflow With These 8 Must-Have Microsoft Apps

March 8, 2026

Follow the Wealth Management Advice of High Net Worth People

March 8, 2026
Facebook Twitter Instagram
Trending
  • Uber, Lyft Rides Got More Expensive — Affecting Riders, Drivers
  • Boost Your Workflow With These 8 Must-Have Microsoft Apps
  • Follow the Wealth Management Advice of High Net Worth People
  • This Smart Desktop Terminal Lets Entrepreneurs Tap into Crypto Without the Clutter
  • Costco Says Members May See Lower Prices if Tariff Refunds Are Issued
  • 10 Must-Review Items Before Sending Your 2025 Taxes to the IRS
  • One of the Biggest Drivers of the Gender Pay Gap — And Steps Founders Can Take to Fix It
  • Mindset Shift That Will Boost Your Cash Flow in 2026
Sunday, March 8
Facebook Twitter Instagram
iSafeSpend
Subscribe For Alerts
  • Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans
iSafeSpend
Home » Moldova breakaway region to face new power cuts on Saturday, officials say By Reuters
Investing

Moldova breakaway region to face new power cuts on Saturday, officials say By Reuters

News RoomBy News RoomJanuary 4, 20251 Views0
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email Tumblr Telegram

KYIV (Reuters) – Power cuts will continue on Saturday in the breakaway Moldovan region of Transdniestria, which has been left without Russian gas supplies following Ukraine’s decision not to extend a contract for Russian gas transit, local authorities said.

Flows of Russian gas via Ukraine to central and eastern Europe were halted on New Year’s Day after the expiry of a transit agreement between the warring countries, and Kyiv rejected doing further business with Moscow.

Transdniestrian officials said the first rolling power cuts had gone into effect on Friday evening.

The mainly Russian-speaking region, which lies along the Moldova-Ukraine border and which split from Moldova in the 1990s, had been receiving Russian gas via Ukraine and used it to produce electricity.

The official Telegram news channel of Transdniestria’s government said power supplies would be cut for three hours between 2 p.m. (1200 GMT) and 5 p.m. in many districts.

The enclave’s self-styled president Vadim Krasnoselsky had earlier said power cuts were inevitable. He said the region had gas reserves to cover 10 days of limited usage in the north and twice as long in the south. He did not say if there were any plans to source supplies after that.

On Saturday, Krasnoselsky said on Telegram that the blackouts could be extended to four hours on Sunday.

Russia denies using gas as a weapon to coerce Moldova, and blames Kyiv for refusing to renew the gas transit deal.

Moldova itself gets around 60% of its gas needs from Romania and produces the rest. But the Transdniestria power cuts are a problem for Moldova particularly because the enclave is home to a power plant which provides most of the power for government-controlled areas of Moldova at a fixed and low price.

Prime Minister Dorin Recean said on Friday his country faced a security crisis after Transdniestria’s imposition of rolling blackouts, but he also said the Chisinau government had prepared alternative arrangements, with a mixture of domestic production and electricity imports from Romania.

Moldova says Russian gas major Gazprom (MCX:) could supply gas bypassing Ukraine but has deliberately chosen not to do so. Even before the halt of supplies via Ukraine, Gazprom had said on Dec. 28 that it would suspend exports to Moldova on Jan. 1 because of what Russia says are unpaid Moldovan debts of $709 million.

Moldova disputes that and put the figure at $8.6 million.



Read the full article here

Featured
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

Uber, Lyft Rides Got More Expensive — Affecting Riders, Drivers

Make Money March 8, 2026

Boost Your Workflow With These 8 Must-Have Microsoft Apps

Investing March 8, 2026

Follow the Wealth Management Advice of High Net Worth People

Make Money March 8, 2026

This Smart Desktop Terminal Lets Entrepreneurs Tap into Crypto Without the Clutter

Make Money March 8, 2026

Costco Says Members May See Lower Prices if Tariff Refunds Are Issued

Burrow March 7, 2026

10 Must-Review Items Before Sending Your 2025 Taxes to the IRS

Make Money March 7, 2026
Add A Comment

Leave A Reply Cancel Reply

Demo
Top News

Boost Your Workflow With These 8 Must-Have Microsoft Apps

March 8, 20260 Views

Follow the Wealth Management Advice of High Net Worth People

March 8, 20260 Views

This Smart Desktop Terminal Lets Entrepreneurs Tap into Crypto Without the Clutter

March 8, 20260 Views

Costco Says Members May See Lower Prices if Tariff Refunds Are Issued

March 7, 20260 Views
Don't Miss

10 Must-Review Items Before Sending Your 2025 Taxes to the IRS

By News RoomMarch 7, 2026

Ground Picture / Shutterstock.comTax season is in full swing! You’ve likely either already prepared your…

One of the Biggest Drivers of the Gender Pay Gap — And Steps Founders Can Take to Fix It

March 7, 2026

Mindset Shift That Will Boost Your Cash Flow in 2026

March 7, 2026

Your Growth Didn’t Stall by Accident — You’re Neglecting Your Most Valuable Asset

March 7, 2026
About Us

Your number 1 source for the latest finance, making money, saving money and budgeting. follow us now to get the news that matters to you.

We're accepting new partnerships right now.

Email Us: [email protected]

Our Picks

Uber, Lyft Rides Got More Expensive — Affecting Riders, Drivers

March 8, 2026

Boost Your Workflow With These 8 Must-Have Microsoft Apps

March 8, 2026

Follow the Wealth Management Advice of High Net Worth People

March 8, 2026
Most Popular

Gold and Silver Investing Scams: Red Flags and How to Protect Yourself

March 6, 20262 Views

Tax Refunds Are Hundreds Higher This Year: 5 Things to Do With Your Windfall

March 6, 20262 Views

This One Mistake Kills Companies in Hot Markets

March 6, 20262 Views
Facebook Twitter Instagram Pinterest Dribbble
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
© 2026 iSafeSpend. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.