Hungarian Company to Supply Gas to Moldovan Region
February 10, 2025
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Hungarian-backed MET will supply gas to Moldova’s Transnistria region after Moldova refused EU assistance, Bloomberg reports. MET Gas and Energy Marketing will deliver the gas at the Moldovan border under an agreement with Tiraspoltransgaz. From there, Moldovagaz will transmit the hydrocarbons, reported Világgazdaság.
Moldova’s Prime Minister Dorin Recean says Hungary’s MET Gas and Energy Marketing will supply gas to Moldova’s pro-Russian Transnistria region after the enclave rejected further EU support. The EU has reportedly given 20 million euros to save the Transnistrian region from the gas crisis for the period of February 1 to February 10, after Russian gas supplies through Ukraine were cut off in early 2025. This has led to an energy crisis with ongoing blackouts in the area populated by more than 350.000 people.
The Moldovan prime minister said in a Facebook post that
The government, together with the European Union, solved a serious problem created by Russia – it brought heat and light to the homes of the residents of the Transnistrian region.”
The statement continues by saying that “the money from the European grant offered for free since February 1st was fully used. On the medium term, the EU offer of 60 million euros was a solution to rid the Transnistrian region of blackmail and energy instability. Tiraspol refused this solution. Russia does not allow them to accept European aid, for fear of losing control over the region. The basic condition rejected by Tiraspol was the gradual increase of tariffs for consumers. Therefore, they cannot receive money from the European aid of 60 million euros(…)”
Recean explained that
a company from Hungary – MET Gas and Energy Marketing AG – will be paid by JNX General Trading L.L.C, from Dubai, and will bring the gas to the border with the Republic of Moldova.
MET Gas and Energy Marketing AG is a natural gas trader on the European market. For JNX General Trading L.L.C no non-compliance with regard to national and international legislation were identified. Likewise, Moldovan citizens were not identified behind the companies. MET Gas and Energy Marketing AG will deliver the gas to the border with Moldova based on the contract signed with Moldovagaz”, said the statement.
“Russian credit and practical support” made it possible for the Hungarian company to supply gas, Vadim Krasnoselsky, the head of the self-proclaimed region, said in a Telegram post. He thanked the Russian energy ministry. Last month he said Russia would lend money to the Transnistrian region to finance gas purchases with the participation of Tiraspoltransgaz.
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