Moldova's energy regulator fines Gazprom unit $1.9 MM
(Reuters) - Moldova's energy regulator ANRE has fined a unit of Russia's Gazprom $1.9 MM for not complying with a requirement on the separation of gas transporting activities from those of a supplier, it said on Friday.
ANRE said Moldovatransgaz, a subsidiary of Moldovagaz in which Gazprom owns a 50% stake, had been fined 33.99 million lei ($1.9 million).
Moldovatransgaz said in a statement that it disagreed with ANRE's decision and planned to challenge it in court.
In its statement, ANRE said the fine on Moldovatransgaz was imposed for its non-compliance with obligations to ensure its independence from Moldovagaz, which supplies natural gas to Moldova.
Wedged between Ukraine and European Union member Romania, Moldova has been pulled between Russia and the West since declaring independence from the Soviet Union in 1991. Gas supplies have been a longstanding source of tension with Russia.
Related News
Related News
- Three killed, two injured in accident at LNG construction site in Texas (U.S.)
- Update: How Germany is building up LNG import terminals
- IEEFA: Europe’s LNG imports decline 19% with gas demand at 11-yr low
- TotalEnergies and partners launch the 2nd phase of Northern Lights CCS project
- Digital Exclusive: The value of experience—Why expertise matters in compressor overhauls and revamps
Comments