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Commission for Emergency Situations approved necessary measures to ensure Moldova's energy security

13:27 | 20.10.2022 Category: Official

Chisinau, Oct. 20 /MOLDPRES/-  Energocom company will provide Moldovagaz company a loan of about one billion lei for the payment of natural gas. The decision taken yesterday by members of the Commission for Emergency Situations (CSE) will allow Moldovagaz to pay in full the gas consumption for September and the advance for October to Gazprom, the government's communication and protocol department has reported.

Energocom's  share capital will be increased from the account of the change in the balances of funds in the state budget accounts, and the loan contract with Moldovagaz will be concluded without the prior approval of the councils and/or the general meetings of companies. The amount is to be disbursed today, October 20, 2022, after signing the loan and pledge contracts, and the due date of the loan is May 1, 2023, with an interest rate equal to the base rate of the National Bank of Moldova (for now - 21.5 % annually).

The real guarantee for the repayment of the loan and the payment of interest is the pledge, in favor of Energocom, of the 100% share held by Moldovagaz in the share capital of Moldovatransgaz and all the movable assets that are part of the transmission network of natural gas (transport networks, equipment, installations and other related fixed assets).

Another provision approved by the CSE refers to the allocation to the Ministry of Internal Affairs from the Government's intervention fund of financial means worth 86.8 million lei. They are meant for grant of the compensation for the work performed in conditions of increased health risk on 8 August -6 October 2022 by the staff trained directly in managing the migration flow.

At the same time, the list of objectives in Chisinau to be connected/reconnected to the centralized thermal energy supply system by late November was completed.

Photo: Government

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