The Government of Kosovo, with the proposal of the Ministry of Finance, has allocated 40 million euros to the Transmission and Market System Operator (KOSTT) in order to pay the debt to the European Network of Transmission System Operators for Electricity (ENTSO-E).

The Minister of Finance, Hekuran Murati, said that this request was made by the Ministry of Economy.

"KOSTT is going through financial difficulties due to the obligations it has to ENTSO-E in order to continue to be in the same regulatory bloc and implement the agreement that has been in place for two years and now it is time to continue.

The request was to support this with 40 million euros", said Murati.

Meanwhile, the Ministry of Economy, Artane Rizvanolli emphasized that during the past year, large imbalances have been caused to the interconnection system.

"We are at a decisive moment for the energy sector.

The moment of KOSTT's inclusion in ENTSO-E is expiring where the 23 countries that are signatories will decide if they will continue the agreement with Kosovo", said Rizvanolli.

She said in a media conference that with the allocation of 40 million euros, the obligations to ENTSO-E are settled.

"We are in a situation where, during the year, we have caused large imbalances to the interconnection system, where a quantity of energy has been withdrawn in an unauthorized manner from the ENTSO-E of Europe, obligations have been created which must be repaid and which are necessary in order that the lock-in agreement should continue", she added.

"We, as the Minister of Economy, have asked the Ministry of Finance for the allocation of 40 million euros for the repayment of these obligations that enable the repayment of KOSTT's obligations to ENTSO-E", concluded Rizvanolli.

/Telegraph/