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
- Digital Exclusive: Evolving pressure relief valve designs protect LNG facilities
- JGC-Hyundai JV awarded EPC contract for major low-carbon LNG plant project in Papua New Guinea
- TC Energy approves $1.5-B Columbia Gas expansion after profit tops estimates
- NextDecade to use Honeywell liquefaction technology for 30-MMtpy LNG terminal
- Wärtsilä continues to expand its data center footprint with new 790 MW order in Texas

Comments