BUSINESS

EUR 9 M to Moldova for the construction of the Iasi-Ungheni gas pipeline

Romania might provide Moldova with EUR 9 M for the construction of the Iasi-Ungheni gas pipeline, from the EUR 100 M grant previously offered by the Romanian side. The Romanian delegate minister for Energy, Constantin Nita discussed Friday, in Chisinau, this possibility with the minister of Economy and Commerce, Valeriu Lazar, according to ziarulevenimentul.ro. “The sides also talked about signing a memorandum of understanding regarding the tender for the underpass of the Prut River and the ways to allocate the financial means from the account of the non-refundable grant offered by Romania, necessary for the construction of the segment on the territory of the Republic of Moldova,” reads a communiqué issued by the Moldovan Ministry of Economy and Commerce. A next phase of this project is the construction, with structural funds, of a compression station that will assure the pressure in the pipeline, so it can work at full capacity. The two ministers also discussed the options of the accession of Moldova to the European network of system operators ENTSO-E. According to Valeriu Lazar, devising a feasibility study with support from the Joint Operational Programme Moldova-Ukraine-Romania, will indicate the best way to interconnect the two energy systems.

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