The public-property natural gas networks that were partially or fully built with money from the state budget and the local budgets and the similar networks without owners that were legalized by the local public authorities in accordance with the Civil Code will be assessed by subsequently determining their market value based on a methodology approved by the Government.

Deputy Prime Minister and Minister of Economy Valeriu Lazar said that the assessment process was started earlier, but wasn’t finished, one of the reasons being the lack of definite approaches and methods for determining the networks’ market value.

“The methodology approved by the Government includes the implementation of such methods as ‘by cost’ and ‘by market’, i.e. by comparison, and will serve as a basis for setting the price for capitalizing the networks. They will be transferred to SA Moldovagaz with a view to settling a part of the debts for the gas consumed in the thermoelectric sector or, eventually, to increasing the state-owned shareholding in SA Moldovagaz,” said the Deputy Prime Minister.

According to previous estimates, the price of these networks is 1 billion lei.