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Government will claim 3.3bn lei from Moldovagaz

The Government, through the agency of the Public Property Agency, will initiate the procedure for claiming 3.3 billion lei, at the average exchange rate of 2008, following the reassessment of the fixed assets invested by the executive in the social capital of SA Moldovagaz. More exactly, this amount will be regarded as Moldovagaz’s debt to the Public Property Agency. The Government will also re-inventory the assets invested in the social capital of Moldovagaz and will determine the assets that didn’t take part in the diminution of debts to the Russian company Gazprom. It will also determine the respective impact on the alleged debts to the Russian supplier. This is provided in a draft decision that was adopted by Parliament after examining the Court of Auditors’ audit report, IPN reports.

The head of the Parliament’s commission on economy, budget and finance Radu Marian said that several conclusions were reached as a result of the audit and one of them is that the debts Gazprom claims from the right side of the Nistru are not authentic. The audit also revealed noncompliant and dubious investments. For example, Moldovagaz spent about 500 million lei on building the head office located at 64 Pushkin St, but most of the essential documents concerning this construction went missing. Later, the regulator refused to include this sum into the gas charge.

According to the audit, the Moldovan Government’s shareholding in SA Moldovagaz was diminished artificially. The suppler in time didn’t ensure the vulnerability of Moldova’s energy security is reduced. “Therefore, the draft Parliament decision suggests actions and tasks for the state institutions, which would help to urgently diversify the natural gas market so as to offer more options to the citizens and to ensure increased security in the supply of the country with naturals gas,” noted Radu Marian.

Parliament decided that actions will be taken to optimize the work of the natural gas transmission networks managed by Moldovagaz by ensuring the merger of the 12 distribution networks. A plan of actions will be adopted to further reduce the losses of gas in the natural gas transmission networks. Together with the Public Property Agency, the Ministry of Energy will initiate the procedure for recognizing/registering the networks without an owner as state property.

In order to diminish the profit margin on goods purchased through intermediaries, the ministries with duties in the field will analyze the normative framework that regulates procurement in the energy sector and will propose the necessary mechanisms for ensuring purchases are made directly from producers of goods that are outside the Republic of Moldova.

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