Goal

To strengthen the position of Latvijas Gāze Group as a leader in the Latvian and the Baltic energy market by becoming the natural gas supplier of first choice for customers and by ensuring the most stable supply of natural gas for Baltic region.

Vision

To improve people's live through delivering natural gas for a variety of purposes in different segments and to promote the advancement of natural gas as a key source of energy for the benefit of society.

Mission

To contribute to the Baltic region's economy by ensuring the reliable, safe and flexible supply of natural gas to households and enterprises at competitive prices.

History

1862
1875
1939
1968
1990
1991
1997-2002
2002-2012
2016-2017
2017

The first lighting gas plant for the illumination of city streets with 678 gas lanterns was established in Riga.

The gas plant was established in the place where the site of Latvijas Gāze is located now.

The total length of gas network pipelines exceeds 130 km.

Natural gas was injected into the Inčukalns underground gas storage facility for the first time.

Consumption of natural gas in Latvia reached a record level — almost 3 billion m³ per year.

The company Latvijas Gāze was founded.

E.ON Ruhrgas, Gazprom and ITERA Latvija became the major shareholders of the company.

Latvijas Gāze invested 240 million in development of the company and completed construction of the 1400 km-long natural gas mine.

In 2016 the first stage of Latvijas Gāze reorganization took place and on 2 January, 2017 Conexus Baltic Grid was established.

After reorganization, natural gas transmission and storage activities were seperated from Latvijas Gāze. JSC Conexus Baltic Grid manages the Inčukalns underground gas storage and natural gas transmission system, which connects the Latvian natural gas market with Lithuania, Estonia and the northwest region of Russia.

JSC Conexus Baltic Grid is a closed joint-stock company whose share ownership is registered in the shareholder register. For more information please visit: www.conexus.lv



On April 3, 2017 opening of the natural gas market for legal entities happened.

In December, 2017 the distribution system operator — Gaso — was established through the second stage of the reorganisation process of Latvijas Gāze. JSC Gaso is the only natural gas distribution system operator in Latvia, ensuring the supply of natural gas from the transmission system to end consumers. JSC Gasoensures the development of the distribution infrastructure, the construction of natural gas connections, operation of the system and the accounting of natural gas, as well as the operation of the emergency service.

The Company was registered in the Commercial Register on 1 December, 2017. JSC Gaso is a 100% subsidiary of Latvijas Gāze, which in accordance with the requirements of the Energy Law operates independently from Latvijas Gāze. The status of the shares of Latvijas Gāze remained unchanged after the partition of JSC Gaso. The only difference is that after reorganisation, the shareholders of Latvijas Gāze have become the owners of the concern or indirect owners of JSC Gaso.

For more information please visit www.gaso.lv.