Ukraine’s Centrenergo starts exporting electricity to Moldova

Ukrainian state-owned company Centrenergo, which is managed by the State Property Fund of Ukraine (SPFU), has started exporting electricity for the first time.

According to Ukinform, SPFU reported this.

"On April 26, Centrenergo, which is managed by SPFU, started exporting electricity for the first time in its history. Moldova became the first foreign buyer," the statement reads.

Centrenergo noted that exports will allow the company to reduce its dependence on the domestic electricity market and gain access to EU markets.

"The company is developing cooperation with the European energy sector to increase electricity exports," Centrenergo added.

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As Ukrinform reported, on April 21, Ukraine suspended electricity exports to Slovakia, which began on April 17.

On April 24, the National Commission for State Regulation of Energy and Public Utilities Chairman Kostyantyn Ushchapovskyi met online with the Director of the Energy Community Secretariat, Artur Lorkowski, and Deputy Director Dirk Buschle to discuss the urgent resumption of electricity exports from Ukraine to Slovakia.