On 29 September 2021, Latvijas Gāze participated in the conference ‘HEAT SUPPLY 2021: Purposeful Achievement of Climate Objectives in Latvian Towns’ (orig. – SILTUMAPGĀDE 2021: mērķtiecīgai klimata mērķu sasniegšanai Latvijas pilsētās) organised by Dienas Bizness, in which the global conditions affecting the natural gas market and price changes both globally and locally were discussed.
The Gaso service tariff is intended for a regulation period of 4.5 years (from 1 July 2021 to 31 December 2025).
The changes are related to both the increase in the natural gas prices in the global markets and the amendments to the service tariff of distribution system operator Gaso (hereinafter – Gaso), which was approved by the Public Utilities Commission (hereinafter – PUC) on 30 April this year.
At the Baltic Gas Market Forum, happening within the framework of the Baltic Energy Forum on June 2 of this year, the participants of the regional gas market discussed the current issues and challenges of the natural gas market.
Due to the expiration of the term of office of three Board members in August 15, 2021, Latvijas Gāze makes changes in the composition of the Board which will take effect on August 16, 2021.
Natural gas and biomethane will play a significant role in long-term freight and passenger transport; however, experts concluded that the promotion of the use of alternative fuels requires infrastructure, fiscal and financial support, as well as a review of European Union (EU) policies, during the conference ‘Gas and Transport. Myths. Reality. Benefits’. The main topic of the discussion was the achievement of international climate objectives, while maintaining the competitiveness of transport companies.