Gazprom

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GAZP

Gas Pipeline Linking Moldova to Romania Nears Completion

An important new gas pipeline from Iasi in Romania to Chisinau in Moldova, which will link Moldova to the European energy system via Romania and reduce its energy dependence on Russia, is now 90 per cent finished, the Moldovan Economy and Infrastructure Minister, Serghei Raileanu, said on Tuesday.  

Energy Watchdog Chair: There is no Way Money Can be Refunded to Consumers as a Result of Gas Price Reduction

Ivan Ivanov, chair of the Energy and Water Regulatory Commission stated that without amendments to the law there is no way money can be refunded to consumers as a result of the reduction in natural gas prices. He added that such a decision with retroactive effect would be annulled in court, BNR reported.

Russian Billionaire Quits Ownership of Moldovan Airport

Russian billionaire Andrey Goncharenko, owner of a Gazprom subsidiary, on Tuesday, said he had given up his shares in Avia Invest, the company that has run Chisinau International Airport under a concession since 2013.

For years, the airport has been at the centre of controversies over its ownership and the legality of the concession awarded for the next 50 years.

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