Macedonia will have to pay over 750 million euros to buy American gas


Yesterday, Prime Minister Kovachevski during his visit to Greece once again promoted the gas terminal in Alexandroupolis (Greek-Bulgarian-American project), which he announced would be of energy importance in Macedonia. Investing state money in foreign capital facilities under unclear conditions is another irrational and charlatan behavior of this ruling set, which has no vision, strategy and plan for managing the state, Levica said in a press release on Wednesday.

The opposition party added that the catastrophic situation in the energy sector is evidenced by the audit data, which concluded that in the period from 2011 to 2020, 1.3 billion denars or about 21.5 million euros, were spent on unfinished projects and equipment that is not put into use.

Regarding the project for the modernization of Block 1 in REK Bitola, the auditors determined that the project was not implemented and the same from 2011 caused unproductive expenditures in the total amount of 1,296,211 thousand denars (about 21 million euros). Most of the costs or 55% are legal fees for representation in arbitration proceedings and costs arising from the lost procedure, Levica added.

“On the other hand, the Government led by SDSM and DUI will spend 750 million euros for a facility that is not owned by the state. Additionally, the U.S. LNG will be much more expensive for Macedonian conditions in relation to the Russian natural gas, which will further worsen the economic situation in Macedonia. It is more than obvious that this is a political decision, not an economic one, with the sole purpose of pleasing the government to the foreign factor – without any concern for the economic and energy stability of the country,” reads the press release.

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