Moldova declares state of emergency as risk of Russian gas cutoff looms

CHISINAU (Reuters) – Moldova’s parliament voted early on Friday to impose a national state of emergency for 60 days starting on Dec. 16 due to an expected cut-off of Russian gas supplies from Jan. 1.

Fifty-six members in the 101-seat chamber backed the measure in the vote just after midnight.

Moldova receives Russian natural gas via Ukraine, which has said it will not extend its transit contract with Russian gas giant Gazprom (MCX:GAZP). The contract expires on Dec. 31.

This post is originally published on INVESTING.

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