The Government of Moldova and the Government of Romania will sign a memorandum of understanding on the implementation of projects to interconnect the natural gas and power networks of the two countries. The draft memorandum was approved by the Cabinet of Moldova on May 20, IPN reports.

The document aims to ensure Moldova’s energy security, create preconditions for integration into the European common energy market and ensure the implementation of projects needed to supply electricity from Romania to Moldova during a long period of time. The memorandum of understanding will also allow strengthening the partnership relations in the energy sector between Moldova and Romania and will contribute to implementing strategic projects to ensure interconnection with the EU’s electric power and natural gas sectors.

Under the document, a number of projects of national importance will be implemented, namely: the Ungheni-Chisinau and Onesti-Iasi gas pipelines and electric interconnections Isaccea-Vulcanesti-Chisinau, Iasi-Ungheni-Straseni and Suceava-Balti. The selected investment projects will ensure the diversification of the natural gas and electricity supply sources and a higher number of alternative suppliers.

The energy interconnection projects between Moldova and Romania (EU) will be carried out in 2015-2018. A sum of €750,000 is needed for implementing these projects, €421,000 of which for putting them into practice on Moldova’s territory.

The memorandum forms part of the measures taken by Moldova to become integrated into the EU.