Transnistria Declares Economic Emergency Amidst Russian Gas Supply Threat
Transnistria’s leader, Vadim Krasnoselsky, declared a 30-day economic state of emergency due to potential Russian gas supply disruptions stemming from the impending expiration of the Russia-Ukraine gas transit contract. The emergency measures include energy conservation and restrictions on exports and financial activities. This action follows Ukraine’s refusal to renew the contract, despite Russia’s stated willingness to continue deliveries, creating uncertainty about future gas transit routes. The potential cessation of transit through Ukraine poses significant financial risks to Russia, impacting Gazprom and significantly reducing already diminished gas flows.
John Q. Hosedrinker