Ungheni-Chisinau Natural Gas Pipeline - Review and Enhancement of the Legal and Regulatory Framework enabling Legal and Functional Unbundling in the Gas Sector

 The European Bank for Reconstruction and Development (the "EBRD", the "Bank") is considering providing Technical Assistance ("TA") to the Government of Moldova (the "GoM") with the undertaking of a review of the legislative and regulatory framework governing the gas sector in Moldova, as well as with the development of a detailed Corporate Governance Action Plan Framework (the "CGAPF") for the key companies operating in the gas sector (the "Gas Companies"), hereinafter (the "Project"). The Project is going to be undertaken by a team of international and local legal and regulatory consultants (the "Consultant"). The implementation of legal and functional unbundling of the Gas Companies is envisaged in Law No108 of 27 May 2016 on Natural Gas and Third Energy Package. Establishing a corporate governance framework for the Gas Companies is seen as a key milestone to effective unbundling in the sector.