OREANDA-NEWS. October 07, 2013. The Methodology aims to establish specific approaches and methods of appraising and indentifying the market value of public-owned gas distribution networks in line with the resolution of the government on stock-taking and revaluating public-owned gas networks.

According to the government resolution on corporate structure and financial restructuring of the centralized heating system of the municipality of Chisinau, the market value of the networks established in line with the methodology will underlie the networks’ capitalized value, given the arrears of companies of the heating sector for gas. The methodology stipulates application of two appraising approaches, namely the cost method and the market one.

The appraisal is mandatory for public-owned gas distribution networks built partially or in full at the expense of the state and local budgets; for the networks whose owners have not been identified but which were legalized in line with the Civil Code by local authorities; for land plots assigned for gas distribution facilities in line with law in force. The networks are to be appraised on the basis of accounting reports and design and estimates documentation concerning transportation and distribution gas networks.