Lukoil-Moldova company fined for failing to comply with decision on transfer, handover of assets of Chisinau Airport's oil complex

Lukoil-Moldova has received a fine amounting to 5 per cent of its turnover, but not more than 5 million lei, for failing to comply with the 14 December 2025 decision of the Council for the Examination of Investments of Importance to State Security (CEIISS) concerning the transfer and handover of assets related to the oil complex at the Chisinau Airport. The decision to impose the fine was approved today by CEIISS, which granted the company a five-day deadline to comply with the previous ruling.

Energy Minister Dorin Junghietu, stressed that, under the earlier decision, the Council had given Lukoil-Moldova a period of 20 days to restore the situation that existed before 2005 and to transfer the infrastructure of the oil complex into state ownership.

“On 14 January, state institutions received a refusal from Lukoil-Moldova LLC to sign the act of transfer and receipt of the assets related to the oil complex at the Airport, invoking the lack of approval from the sole shareholder, Lukoil International GmbH. Given that the deadlines have been exceeded and the previous decision has not been observed, we will gradually apply the measures provided for by Law 174/2021 on investments of importance to state security. At the first stage, for non-compliance with the decisions of the Council for the Examination of Investments of Importance to State Security, Lukoil must pay the fine and comply with the previous decision within five days,” said Dorin Junghietu.

The official also noted that, at present, “the Chisinau International Airport continues to provide quality services to passengers and ensures ground handling of aircraft, including uninterrupted fuel supply.”

On 14 December 2025, CEIISS decided to refuse approval for the continuation of the investment activity of Lukoil-Moldova LLC on the territory of Moldova and to restore, within 20 days, the situation that existed before 2005, when the infrastructure of the Airport oil complex was taken over by the company. Consequently, all assets related to this complex, under the contract signed in 2005, were to be transferred into the ownership of the state Republic of Moldova.

The decision was adopted following Lukoil-Moldova LLC’s failure to fulfill more mandatory requirements set by the Council as early as May 2024, within the process of reviewing investments in strategically important sectors. These requirements included: the obligation to divest the “Airport” oil complex, located in the immediate vicinity of Chisinau International Airport, to modify the corporate structure by excluding entities subject to international sanctions, as well as to divest the oil depot located on Muncesti Street.

In addition, the Working Group for managing risks associated with international sanctions imposed on the Lukoil group has notified the competent authorities to investigate the circumstances under which, in 2005, the airport’s oil terminal was taken over.