“Lukoil-Moldova”

Russian oil company Lukoil has transferred its assets at Chisinau International Airport to Moldovan state ownership, Logos Press reported.

On January 16, the Council for the Review of Investments Important for State Security decided to impose a fine of 5% of the turnover, but not more than 5 million lei, on Lukoil-Moldova Ltd. for non-compliance with the Council’s decision of December 14, as well as to set a 5-day deadline for its execution, Logos Press reported.

Lukoil-Moldova has 10 days to sell its assets at Chisinau airport, Logos Press reports.

Gunvor Grup Ltd. has withdrawn its offer to buy Lukoil’s overseas business. An hour earlier, the US Treasury Department called Gunvor a “Kremlin puppet” and refused to grant it permission to do business until the end of the war in Ukraine, Logos Press reported.

The markets of Moldova and Romania may be seriously affected by the secondary effects of the sanctions imposed by the United States against the Russian company Lukoil. This was warned by former Moldovan Prime Minister Ion Sturza, Logos Press reported.