BRUSSELS, February 4. /TASS/. The European Union (EU) and Moldova have agreed on a two-year strategy for Chisinau’s full integration into the EU’s energy market with budget worth 250 mln euro, the European Commission (EC) said in a statement.

"Today, the European Commission and the Republic of Moldova have agreed on a 2-year Comprehensive Strategy for Energy Independence and Resilience of Moldova. It has a two-fold objective of decoupling Moldova from the insecurities of Russian supply of energy and fully integrating it in the EU energy market," the statement reads.

Under the strategy, overall support for Moldova would account to 250 mln euro for 2025, of which 100 mln euro will be provided by the European Union by mid-April. In addition to this overall support, and as part of the same strategy, an offer of 60 mln euro is made available for the people in the Transnistrian region of Moldova (the Left Bank) subject to conditions, the EC added.

"In the short term, the overall package will support Moldovan consumers who are facing steep price increases on the Right Bank. <…> In the longer term, the EU support will allow Moldova to improve its energy security through investments and reforms for the energy transition and ensure the full phase out of Russian supply of energy resources," according to the statement.