We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Key
Think it or something along same lines was posted a few weeks back.
Not sure if this has been posted before. I was only only good news but...
https://agora.md/stiri/55425/un-proiect-esuat-ce-a-facut-exploratorul-american-de-gaze-si-petrol-in-moldova-timp-de-doi-ani
March 21, 2019 09:26 2815
Frontera Resources International LLC (Frontera), the offshore company selected two years ago by the Philippine Government for the exploration, production and development of hydrocarbon resources in the south of the country has not carried out any activity in the Republic of Moldova. The company has not released a report on the quantity of oil or gas found in the basement of Moldova, although it has previously promised to market at least 100 million barrels of oil and invest $ 500 million in the economy of the Republic of Moldova, writes Mold-Street .
Photo: anticoruptie.md
The border is facing serious financial problems and has even seen its listing on the (Alternative) London Stock Exchange (AIM) suspended for breach of conditions. On the other hand, the Chisinau authorities have entered the deadlock and are thinking of terminating the contract with this company. In other words, the promises made by the investor and the government remained empty.
Filip, the investor and lack of energy security
Two years and three months ago, on December 30, 2016, the Filip Government adopted the decision to transfer to Frontera the right to carry out the works of geological exploration of hydrocarbons on the territory of the Republic of Moldova, with their subsequent exploitation.
The concession contract was signed on January 2, 2017, and on March 3, 2017, Prime Minister Pavel Filip signed, together with Steve Nicandros, President Frontera, a Declaration of collaboration between the Government and the corporation on the exploration of hydrocarbons in the south of the Republic of Moldova.
"The reforms speak their way and we see an increase in the interest of foreign investors towards our country. We want to bring investors to the country by creating an attractive business environment, because entrepreneurs start up businesses, create jobs, offer salaries and pay taxes, ”said Pavel Filip.
See also: Anticorruption Investigation.md: How Cayman Millionaires Front (s) Shot in Moldova
He also argued that this agreement with Frontera was also signed in the context of the Government's efforts "to achieve energy independence in the coming years, which will be reflected in better energy prices, but also in avoiding any geopolitical interference in Moldova".
Former Minister of the Environment Valeriu Munteanu also said that this project will allow our country to find out what energy resources Moldova has in the basement and could reduce its dependence on Russia.
Investment promises of hundreds of millions of dollars
On the other hand, Frontera, which was granted the exclusive right to explore for the production and development of hydrocarbon resources in an area covering approximately 12,000 square kilometers