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The EBRD will provide € 20 million for the construction of the Ungheni-Chisinau gas pipeline with a total value of € 90 million and will receive a share in Vestmoldtransgaz LLC in return for its investments.

The EBRD will provide € 20 million for the construction of the Ungheni-Chisinau gas pipeline with a total value of € 90 million and will receive a share in Vestmoldtransgaz LLC in return for its investments.

15.10.2019

This is stated in the materials of the European Bank for Reconstruction and Development on the financing project for Vestmoldtransgaz. As noted, it is about providing equity investments in the form of an increase in capital in exchange for a stake in Vestmoldtransgaz, a Moldovan gas transportation company that ultimately is owned and controlled by the Romanian operator of the Transgaz transport system. EBRD investments will help finance the construction of the Ungheni-Chisinau gas pipeline with a length of about 120 km with a planned capacity of 1.5 billion cubic meters of natural gas per year. ...
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