The European Union and Moldova have agreed on an energy security plan to wean the country off its dependence on Russian gas supplies and integrate it into the 27-nation bloc’s network.

In the Right Bank, the agreement, called the Comprehensive Strategy for Energy Independence and Resilience of Moldova, will compensate excess electricity costs for households for up to 110 kilowatt hours every month until December 2025.

By Iulian Ernst in Bucharest The European Commission and Moldova agreed on a two-year Comprehensive Strategy for Energy Independence and Resilience of Moldova on February 4, with support of €250mn for 2025,

The European Union said Tuesday that it would support Moldova with 250 million euros ($258 million) this year to help bolster the country’s energy security after the crisis triggered by Russia cutting off gas supplies.

The European Commission on Tuesday offered up to €250 million ($258 million) to Moldova to help the struggling population and reduce the country's energy dependence from Russia. "We will help lower rising energy costs for all Moldovans,

The European Union (EU) announced a EUR 30 million "targeted support to Moldova, including the Transnistrian region," to finance the purchase and transportation of natural gas for the region that is facing an acute energy crisis "provoked by Gazprom.

The support includes coal deliveries from Ukraine and electricity transmission from Moldova's left to right bank.

Chisinau: The European Union said Tuesday that it would support Moldova with 250 million euros ($258 million) this year to help bolster the country

The EU will provide 250 million euros ($258 million) to Moldova this year to bolster energy security following Russiaэs decision to cut off gas supplies, officials said Tuesday. Russia's state-owned Gazprom halted gas deliveries to Moldova’s breakaway region of Transnistria on Jan.