The construction of the Iasi-Ungheni pipeline represents the first phase of the interconnection of the Republic of Moldova gas system with the European Union’s (Romania).
In operational terms, at this stage, the project ensures only the natural gas supply for the related regions, which represents up to 1 percent of total consumption per country, a release of the Moldovan Ministry of Economy reads on Thursday.
According to the quoted document, Ministry’s clarifications come after some information on the activity of Iasi-Ungheni pipeline published in recent days, both by the media in Romania and in the Republic of Moldova, according to which the EUR 26 million investments in this project were useless.
The second phase of the project includes extending works of the pipeline until Chisinau (Chisinau-Ungheni pipeline), which will allow diversifying gas import sources.
Currently, the feasibility study for building this huge project is ongoing, which according to the preset schedule, is going to be completed in the first half of 2016. Then it will follow the designing and construction stage.
As regards the natural gas imports from Romania, the Moldovan Ministry of Economy informs that, after the inauguration of the Iasi-Ungheni pipeline, state-owned company Energocom has obtained the appropriate license from Romania’s Energy Regulatory Authority (ANRE) and asked for price quotes from potential exporters in Romania.
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