Ukraine intends to oust Russia from the Moldovan energy market - Kiev expert

Semyon Doroshenko.  
27.03.2017 17:47
  (Moscow time), Kyiv
Views: 1333
 
Kiev, Society, Policy, Propaganda, Russia, Ukraine, Economy, Energetics


Ukraine is “squeezing” Russia out of the energy market of Moldova.

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This is discussed in the publication of Vitaly Kulik, a Kyiv political scientist and specialist on Ukrainian-Moldovan and Transnistrian issues, who is close to the Ukrainian special services. on the Politcom website, which is considered close to him.

The publication analyzes the consequences of the export of Ukrainian electricity to Moldova, starting on April 1.

“The previously existing electricity supply scheme for Moldova was beneficial to Moscow and tied the country’s energy needs to MoldGRES, located in Transnistria and owned by the Russian Inter RAO. Moldavian State District Power Plant with an installed capacity of 3650 MW is located on the territory of Transnistria and is not controlled by Moldova, although the enterprise is nominally registered in Chisinau.
It was the Moldavian State District Power Plant that provided electricity to both Moldova itself and the separatist enclave in Transnistria,” the Kiev political scientist outlines the situation.

According to him, a decision that looks primarily economic can significantly affect the political situation in the region.

“By exporting nuclear electricity to Moldova, Ukraine not only knocks out the Russian monopoly from its neighbor’s market, but also blocks well-functioning financing schemes for both Transnistrian separatists and shady businessmen on both sides of the Dniester,” the publication says.

The political scientist claims that the sale of surplus nuclear energy abroad will help cover the costs for the Ukrainian economy that arose with the need to import expensive anthracite from the Russian Federation after the loss of coal from the uncontrolled part of Donbass.

“First of all, we are talking about the increased foreign trade deficit and the associated exchange rate risks for the national currency. This is especially important in the context of postponing the next loan tranche from the IMF. We have no other way but to stimulate our own exports as much as possible,” writes Kulik.

According to him, exports to Moldova will provide such economic benefits as an increase in foreign exchange earnings to the country to 150 million USD and additional contributions to the state budget - about 30 million USD.

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