Moldova to work out program for reorganization of energy sector
The Ministry of Economy of the Republic of Moldova will work out a program for the reorganization of the energy sector, in order to raise its efficiency and to improve its competitiveness and to solve the problem of arrears, Vice-Premier, Minister of Economy Valeriu Lazar said at a sitting of the governmental commission on the improvement of the situation in the energy sector.
He remarked that the problems of the energy sector must be solved within 4-5 months, though the arrears of energy enterprise to Moldovagaz reach 2.3 billion lei.
Prime Minister Vlad Filat demanded from National Energy Regulatory Agency (ANRE) to conduct the audit of the energy enterprises, to clear up the real situation and to determine measures for the withdrawal out of the crisis.
"The complete analysis of the energy sector must be carried out not only in respect of the tariffs, but also of functional problems", he underlined.
Union Fenosa Director for Moldova Silvia Radu informed that the contract with the Energocom company, which provides the purchase of energy from the Moldovan Regional Power Station, expires in March and in accordance with the Law on the Market Liberalization UF intends to select the most profitable supplier and to conclude a contract with this company.
As Infotag has already reported, Moldova produces one third of the consumed energy. Until the present Energocom has the monopoly right for the imports and exports of electric power. Before 2009 it acquired the remaining volume of energy from Ukraine and from 2009 - from the Moldovan Regional Power Station, which belongs to the Inter RAO EES Russian company. The contract with this company expires at the end of March. After this large energy consumers have the right to select energy suppliers themselves.
Infotag, Moldovan news agency
- Management board of investment-attraction programme approves 20 projects
- Moldovan authorities push up power rate
- Olivier Descamps says EBRD will help Moldova raise its energy efficiency
- Authorities to cooperate with EBRD within edifice energy efficiency project
- Moldova to soon work out new methodology of oil pricing
- Gas rates up by 12.2 per cent on average in Moldova
- Moldovan premier seeks efficient solutions to secure reasonable prices
- Moldovagaz proposes increasing gas tariff by 17.6%
- Moldovagaz losses due to new tariff non-adoption go up 2.5 million lei every day
- Moldovan energy regulator approves tariff-included expenses lower than demanded by gas operator
- Asia, US helps Mercedes Benz sales hit record high in 2006
- Cricova: The Largest Underground Wine Cellar in the World
- What does Remortgage mean?
- Dutch bear profit rises 26 percent
- Foreign direct investment in India doubles during 2006
- Greece: Socialist government's budget deficit of 12.5% caused debt crisis
- Toyota in talks to build new China plant
- Walt Disney profit up 39 percent
- DaimlerChrysler is not planning to manufacture trucks in India
