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
- Freeport LNG export plant in Texas to take in more natgas after unit shut on Monday
- Aramco's Jafurah gas plant (Phase 1) begins output
- U.S. natural gas prices surge 4% to 35-month high in cold snap
- LNG cool-down vessel arrives at ExxonMobil's Golden Pass plant in Texas
- Freeport LNG export plant in Texas reports shutdown of liquefaction train

Comments