The government allocates 800,000 euros for the audit of Moldovagaz

The Government approved the allocation, by the Public Property Agency, of 800 thousand euros, from the Reserve Fund, for the external audit of the debt of SA Moldovagaz to Gazprom and Factoring Finance.

According to the contract signed on August 10 with the companies Wikborg Rein Advokatfirma A.S. of Norway and Forensic Risk Alliance & Co. Limited from Great Britain, the audit will involve the accurate elucidation of Moldovagaz’s debt towards the Russian concern, for the natural gas delivered to the right bank, in the period from August 27, 1991, to October 31, 2021.


“During the verification process, the way in which payments for gas consumption were distributed by Moldovagaz (and predecessor companies) between consumers on the right and left bank will be analyzed. Likewise, the auditors will focus on the valuation of assets previously transferred to Gazprom as (partial) settlement of debts for gas delivered to consumers on the right bank and will carry out, if necessary, the revaluation of these assets. Also, the legality of the assignment of Gazprom’s receivables to Factoring Finance will be verified”, announced the Government.

The specifications of the audit contract provide for the performance of the mission in several stages, and payments will be made as the results are delivered.

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