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What's Going on with Lukoil's Assets in the Republic of Moldova / "We All Agree to American Sanctions" - hotnews.ro

Summary by Hot News
The Republic of Moldova wants to take over the state administration of the resources of Lukoil, which is under American sanctions. The Russian company controls 33% of the Moldovan motor market and 50% of the petrol. The authorities of the Republic of Moldova have...

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The Republic of Moldova wants to take over the state administration of the resources of Lukoil, which is under American sanctions. The Russian company controls 33% of the Moldovan motor market and 50% of the petrol. The authorities of the Republic of Moldova have...

·Romania
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Fuel prices continue to rise. In the last two weeks, in the Republic of Moldova, gasoline has been consumed with 50 money and the engine with a lion and 50 money. According to the National Energy Regulatory Agency, prices reflect trends on the international market and are a result of the sanctions imposed by the US for Russian oil companies. Specialists cannot estimate how long this trend will last.

Gunvor was once owned by Trobjorn Tornqvist and Gennady Timchenko, but the Russian tycoon stepped down in 2014.

The Moldovan government is considering the possibility of acquiring the assets of the Russian company “Lukoil”, which is under US sanctions, in order to guarantee the supply of fuel to the population.

The Republic of Moldova is in continuous discussions with Romania and Bulgaria, including with the Rompetrol company, to ensure the necessary gasoline, diesel and kerosene for aircraft operating at Chisinau International Airport, the Ministry of Energy announced in an official statement. According to the institution, the authorities in Chisinau decided to intervene quickly to avoid any disruption in the fuel supply, in the context in which the R…

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Bani.md broke the news in on Friday, November 7, 2025.
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