Moldova to receive 35 million euros on behalf of Norway to buy natural gas

Chisinau, 31 January /MOLDPRES/ - The government today approved the fiscal and customs facilities for the use by the Energocom company of a grant worth 35 million euros, provided by the government of Norway through the NANSEN programme, as well as of an additional installment of loan amounting to 165 million euros, provided by the European Bank for Reconstruction and Development (EBRD).      

The money will be used for the procurement of natural gas and will contribute to the decrease in the purchasing price of the natural gas and, respectively, to the reduction of the financial burden on the end consumers.  

The EBRD’s loan is of the Revolving type, i.e. the means can be used up to three times. The fiscal facilities provided will allow that the taxes on import and the value added tax (VAT) not to be added to the final price of the gas purchased and delivered by the Energocom stock company. This eventually ensures that these costs are not included in the tariffs for natural gas borne by the end consumers.