Concession of 40% of the Territory of the Republic of Moldova for Exploration Purposes: 10 Major Issues
Concession of 40% of the Territory of the Republic of Moldova for Exploration Purposes: 10 Major Issues

Author(s): Denis Cenuşă
Subject(s): Energy and Environmental Studies, Environmental and Energy policy
Published by: EXPERT-GRUP Centrul Analitic Independent
Keywords: geological exploration;
Summary/Abstract: This Position Note aims at clarifying the main aspects related to the concession of geological exploration works (oil, gas) in the Republic of Moldova, with subsequent exploitation. This Note includes an objective analysis of the concession stages, from the first public consultations of the Government Decisions on Concession of 7 July 2016 to the moment when the Concession Agreement was signed with the US company Frontera Resources International (Corporation) LLC, on 2 January 2017. To develop this Note we consulted the materials published on the web pages of the following institutions: the Ministry of Environment, Government of the Republic of Moldova, Official Gazette, the concession company, as well as the official documents posted on social networks by the Minister of Environment, Valeriu Munteanu. The Position Note identifies the problematic aspects related to the conduct of public consultations, selection of the civil society representative, setting up the conditions to select the concessionaire company, and preparation of Concession Agreement. In addition, a particular emphasis is on conditions of how the environmental protection will be ensured during the term of the agreement, which together with potential exploitation works may last up to 50 years.

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