Taking into consideration significant natural gas price increase and the need to ensure security of supply for the upcoming winter, JSC Latvijas Gāze has concluded amendments to the existing overdraft agreement with OP Corporate Bank plc.
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.
For the convenience of Estonian customers, we have created a website with current offers particularly for the participants of this 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.