Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Moldovan president visits area hit by blackouts, blames Russia's Gazprom
    Headlines

    Moldovan president visits area hit by blackouts, blames Russia's Gazprom

    Published by Global Banking & Finance Review®

    Posted on January 10, 2025

    3 min read

    Last updated: January 27, 2026

    Moldovan President Maia Sandu tours a village affected by power blackouts, attributing the energy crisis to Russia's Gazprom. Her visit highlights the ongoing challenges in Moldova's energy supply amid geopolitical tensions.
    Moldovan President Maia Sandu visits blackout-affected village, blames Gazprom - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:Presidentfinancial crisisinternational financial institutioneconomic growth

    Quick Summary

    Moldovan President Sandu blames Gazprom for energy crisis amid blackouts. Finland offers mediation as Ukraine halts gas transit, affecting Transdniestria.

    Moldovan President Sandu Blames Gazprom for Energy Blackouts

    (Reuters) - Moldovan President Maia Sandu visited areas hit by rolling power cuts on Thursday and blamed Russian gas giant Gazprom for the energy crisis gripping the country's Transdniestria pro-Russian separatist enclave.

    In Moscow, Kremlin spokesman Dmitry Peskov said Moldova and Ukraine were responsible for the heating and power shortages.

    The foreign minister of Finland met with officials in both government-controlled Moldova and the separatist enclave and pledged to help both sides achieve a settlement.

    Transdniestria, which has existed alongside Moldova for more than 30 years, is no longer receiving Russian gas after Ukraine refused to extend a gas transit agreement beyond the New Year.

    Sandu, who has led her ex-Soviet state's drive to join the European Union, visited Varnita, one of 14 villages located in an area controlled by Moldova's government but supplied with power by the separatist enclave.

    "We understand that these people are going through hard times. But people should know that these are problems created by Gazprom," Sandu said.

    "The problem is not Ukraine halting transit of Russian gas. There is an alternative route, through (Turkey). But Gazprom has decided not to supply gas any longer."

    Moldova accuses Moscow of trying to destabilise its government ahead of this year's parliamentary elections.

    In Moscow, Peskov decried the "true crisis" in the region which has long been a recipient of vital Russian gas.

    "As a result of the decision by Ukraine and the Moldovan authorities Trasdniestria no longer has this chance," he said.

    Officials in Transdniestria said blackouts would be reduced from eight hours a day to five from Friday ahead of a weekend cold snap sending temperatures below zero Celsius.

    The region's foreign minister, Vitaly Ignatev, told Russian television a solution had to be found "as quickly as possible" by restoring gas flows through Ukraine or routing them through the Turkstream pipeline via Turkey, Bulgaria and Romania.

    Gazprom has said any shipment of gas through Turkey was dependent on settling what it describes as $709 million in Moldovan arrears. Moldova contests the figure.

    Gas supplies would keep in operation a thermal plant which supplies electricity to Transdniestria as well as providing most of the power used in areas of Moldova under government control.

    Ignatiev dismissed any notion that Moldova had offered to help the region. Both Sandu and Ukrainian President Volodymyr Zelenskiy said on Wednesday they were discussing the option of supplying Ukrainian coal to keep the power plant running.

    Transdniestria split from Moldova near the end of Soviet rule and fought a brief war with the newly independent state in 1992. Efforts to resolve the dispute have made little headway.

    Finnish Foreign Minister Elina Valtonen is current chair of the 57-nation Organisation for Security and Cooperation in Europe, which has long spearheaded diplomatic attempts.

    Valtonen told reporters in Chisinau that Finland would focus on encouraging dialogue between the two sides.

    (Reporting by Alexnder Tanas, Writing by Ron Popeski, editing by Deepa Babington)

    Key Takeaways

    • •Moldovan President Sandu blames Gazprom for energy crisis.
    • •Transdniestria faces reduced gas supply due to Ukraine's transit halt.
    • •Finland pledges to mediate between Moldova and Transdniestria.
    • •Gazprom demands settlement of $709 million in arrears.
    • •Ukraine and Moldova discuss alternative energy solutions.

    Frequently Asked Questions about Moldovan president visits area hit by blackouts, blames Russia's Gazprom

    1What caused the energy crisis in Moldova?

    Moldovan President Maia Sandu blamed the energy crisis on Gazprom, stating that the company has stopped supplying gas to the region.

    2How long are the blackouts in Transdniestria expected to last?

    Officials in Transdniestria announced that blackouts would be reduced from eight hours a day to five ahead of a cold snap.

    3What has been the response from Moscow regarding the energy situation?

    Kremlin spokesman Dmitry Peskov claimed that Moldova and Ukraine are responsible for the heating and power shortages in the region.

    4What alternative routes for gas supply were mentioned?

    Sandu mentioned that there is an alternative route for gas through Turkey, but Gazprom has chosen not to supply gas any longer.

    5What diplomatic efforts are being made to resolve the situation?

    The Finnish foreign minister has pledged to help both Moldova and Transdniestria achieve a settlement and is focusing on encouraging dialogue.

    More from Headlines

    Explore more articles in the Headlines category

    Image for French justice opens Epstein-linked probe against former culture minister
    French justice opens Epstein-linked probe against former culture minister
    Image for If US attacks, Iran says it will strike US bases in the region
    If US attacks, Iran says it will strike US bases in the region
    Image for Suspected arson hits Italian rail network near Bologna, police say
    Suspected arson hits Italian rail network near Bologna, police say
    Image for Olympics-Protesters to rally in Milan denouncing impact of Winter Games
    Olympics-Protesters to rally in Milan denouncing impact of Winter Games
    Image for Olympics-Biathlon-Winter Games bring tourism boost to biathlon hotbed of northern Italy
    Olympics-Biathlon-Winter Games bring tourism boost to biathlon hotbed of northern Italy
    Image for US pushes Russia and Ukraine to end war by summer, Zelenskiy says
    US pushes Russia and Ukraine to end war by summer, Zelenskiy says
    Image for Russia to interrogate two suspects over attempted killing of general, report says
    Russia to interrogate two suspects over attempted killing of general, report says
    Image for Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    Image for Ukraine backs Pope's call for Olympic truce in war with Russia
    Ukraine backs Pope's call for Olympic truce in war with Russia
    Image for Russia launched 400 drones, 40 missiles to hit Ukraine's energy sector, Zelenskiy says
    Russia launched 400 drones, 40 missiles to hit Ukraine's energy sector, Zelenskiy says
    Image for The Kyiv family, with its pets and pigs, defying Russia and the cold
    The Kyiv family, with its pets and pigs, defying Russia and the cold
    Image for Not Italy's Devil's Island: Sardinia bristles at mafia inmate plan
    Not Italy's Devil's Island: Sardinia bristles at mafia inmate plan
    View All Headlines Posts
    Previous Headlines PostSouth Korea's Yoon to accept court decision even if it ends presidency, lawyer says
    Next Headlines PostUS, French troops could secure Syria's northern border, Syrian Kurdish official says