The Bulgarian firm Transgaz has formally begun to Assemble a key-gas pipeline which will enable Moldova to import liquefied gas to get the Capital city.
The next stage of this Iași-Ungheni-Chișinău pipeline, 120 km-long, Will join Chisinau using Ungheni, allowing many portion of both Moldova and notably the administrative centre city touse Romanian gas and steering clear of the present origin of this Russian giant Gazprom.
“The job represents a behavioral advantage, Planning to reduce the Energy dependence on the Republic of Moldova throughout the alternate route it suggests, in addition to a donation into the overall strengthening of the nation’s pro-European path. As a way to guarantee the financing of this undertaking, I signed up with the European Investment Bank in Luxembourg, in January, the lending contract values EUR 38 million for its Ungheni — Chisinau inter-connection,” Transgaz CEO Ion Sterian explained.
Romania will complete the link of the Republic of Moldova to The European gas system by 2020, allowing on the weakest country in the continent to also have usage of multiple petrol sources.
Back in February, Transgaz won the bidding to the purchase of Moldova’s Vestmoldtransgaz, firm operating the Moldovan part of their Iași-Ungheni gas pipeline.
After the purchase of Vestmoldtransgaz, Transgaz gets got the complete Management of this petrol interconnection between Moldova and Romania, such as the future expansion of this Iași-Ungheni pipeline till Chișinău.
Vestmoldtransgaz was set up available by Moldova’s authorities for EUR 9 Million and Trangaz needs to get a lot more than EUR 90 million over the Next couple of decades.