The World Bank awards Kelemenis & Co. a contract to review Moldova’s energy legislation

Kelemenis & Co. has been awarded a contract by the World Bank to assist the Government of Moldova and its Ministry of Industry and Infrastructure in reviewing the legal and regulatory framework governing its energy sector. The project’s objective is to identify all requirements for the harmonization of Moldova’s energy sector with the EU Internal Energy Market and the Energy Community Treaty (ECT). In doing so, Kelemenis & Co. shall prepare an Action Plan for the Legal and Regulatory Harmonization of Moldova’s Energy Sector with the EU, including specific requirements for legal and regulatory changes which may be needed to ensure compliance of Moldova’s gas and electricity markets with ECT and UCTE requirements. It is envisaged that this Action Plan will act as an implementation roadmap towards legal approximation in the Moldovan energy sector. Kelemenis & Co. will build upon the earlier work it undertook in the country with a similar scope in late 2006. The assignment is to be implemented using the Japanese Grant funds administered by the World Bank.