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NAER will consider the issue of applying financial sanctions to Moldovatransgaz on September 15.

NAER will consider the issue of applying financial sanctions to Moldovatransgaz on September 15.

This was reported by the National Agency on Energy Regulation, noting that on September 8, was held a meeting of the NAER Administrative Council, at which they were supposed to consider the issue of applying financial sanctions to the company for non-compliance with legal obligations related to ensuring its independence from the vertically integrated enterprise "Moldovagaz", which is a mandatory condition of the III Energy Package. At the meeting it was planned to hear the administrator of this company, who was invited in accordance with the procedure established by law. However, in a letter dated September 7, Moldovatransgaz asked NAER to postpone consideration of this case due to the fact that the director of the company is on sick leave. In this regard, the hearings were postponed to September 15. Earlier, NAER announced that it intends to apply sanctions to Moldovatransgaz in the amount of 10% of annual turnover for failure to comply with obligations to separate from Moldovagaz. In particular, on August 9, the National Agency for Energy Regulation initiated a procedure for applying financial sanctions to Moldovatransgaz for non-compliance with legal obligations related to ensuring its independence from Moldovagaz, according to the III Energy Package. As noted by NAER, Moldovatransgaz did not comply with the legislative requirements for the allocation according to one of the models established by Art. 23 of the Natural Gas Law, notifying that it was impossible to complete the separation process. NAER emphasized that, according to Art. 113 of the Natural Gas Law, the agency, by its decision, imposes sanctions in the amount of at least 10% of the annual turnover of license holders for: failure of the transmission system operator to fulfill its obligations to ensure its independence from the vertically integrated gas enterprise and/or agency regulations adopted to eliminate the established in this sense violations. // 08.09.2023 — InfoMarket

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