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Moldova to get over 34 million euros from Norway

by Nadarajah Sethurupan

The Norwegian government will offer a grant worth 34 million euros to Moldova, through the European Bank for Reconstruction and Development (EBRD). The members of the Parliamentary Committee on Foreign Policy and European Integration approved the opinion for the initiation of negotiations and the approval of the signing of the Grant Agreement between our country and EBRD.

The money will be used for the purchase of natural gas and the replenishment of stocks, as well as for the diversification of suppliers and sources of supply of energy resources.

Moldovan government and EBRD have previously signed a loan agreement, worth 300 million euros, to carry out the Security of Natural Gas Supply project.

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