North Macedonia declares 30-day state of emergency over energy crisis

Follow us on Social Media

Social sharing
1000x563 cmsv2 f0e6548f d0c8 5c74 94f3 8dd45a917f16 4579038

North Macedonia has declared a 30-day state of emergency over fuel and electricity shortages.

The government said on Tuesday that it would provide emergency funding for state energy suppliers to import enough supplies for production plants to cover the country’s power needs.

Economy Minister Kreshik Bekteshi said the decision was due to “reduced domestic production capacities” and a global increase in electricity prices.

The government would provide €65 million to the MEPSO electricity company and two other enterprises to pay for electricity, coal, and oil imports, he said.

Bekteshi also promised that “there will be no restrictive measures.” But authorities have warned that there may be an electricity bill increase for domestic consumers in January.

MEPSO’s director Kustrim Ramadani had recently warned that North Macedonia faced an energy crisis because it “consumes twice as much as it produces”.

The small Balkan country produces about 88% of its electricity from domestic sources, mostly through coal-fired plants. More than 97% of total coal consumption is used to generate electricity.

Authorities have recently opened tenders for the urgent import of 1.2 million tons of coal needed for North Macedonia’s power plants.

Source

Leave your comment on this post

THE ROTTEN FISH: CAN OF WORMS OPENED OF APC & TINUBU'S GOVERNMENT OVER NIGERIA'S ECONOMIC DOWNTURN

WATCH THE CRITICAL ANALYSIS AND KNOW THE RESPONSIBLE PARTIES TO BLAME FOR NIGERIA'S ECONOMIC CHALLENGES, WHILE CITIZENS ENDURE SEVERE HARDSHIPS.

Watch this episode of ISSUES IN THE NEWS on 9News Nigeria featuring Peter Obi's Special Adviser, Dr Katch Ononuju, 9News Nigeria Publisher, Obinna Ejianya and Tinubu Support Group Leader, McHezekiah Eherechi

The economic crisis and hardship in Nigeria are parts of the discussion.


Watch, leave your comments, and share to create more awareness on this issue.


#9NewsNigeria #Nigeria #issuesInTheNews #politics #tinubu THE ROTTEN FISH: CAN OF WORMS OPENED ...
DON'T FORGET TO SUBSCRIBE AND LEAVE YOUR COMMENTS FOR SUBSEQUENT UPDATES
#9newsnigeria #economia #economy #nigeria #government @9newsng
www.9newsng.com

Leave your comment

Click on the link below or Scan the QR Code to join the 9News Nigeria WhatsApp Channel

9News Nigeria Investigative Reports WhatsApp Channel
9News Nigeria Investigative Reports WhatsApp Channel
About 9News Nigeria 13339 Articles
9News Nigeria is Nigeria's favourite news source. For Authentic, Unbiased News on Politics, Business, Sports, Technology, Entertainment and Lifestyles, Health, Nollywood, Crime and Investigations, Family and Relationships, Inspirations .. and much more. For Latest News from Africa and around the world, 9News Nigeria is your best source. WhatsApp +2348115805632 Email: info@9newsng.com Facebook: www.facebook.com/9NewsNG | Twitter/Instagram: @9newsng

Be the first to comment

Leave a Reply