The tariff changes are due both to the increase in natural gas prices on global markets and to a significant decrease in the volume of natural gas delivered to users, which has had a significant impact on Gaso's operating results.
The Joint Stock Company “Latvijas Gāze” and the Latvian branch of "OP Corporate Bank plc" have agreed upon an early termination of the credit line (overdraft) contract signed on September 22, 2017.
Latvijas Gāze has demonstrated an understanding of responsible, ethical and sustainable entrepreneurship, obtaining the gold category in the Sustainability Index 2022 in its first year participating.
From 1 July 2022, the natural gas tariff for households purchasing natural gas at the regulated tariff will change for the next six months.
Latvijas Gāze group reached historically strongest financial performance in the first quarter of 2022, which is attributable to disciplined trading and risk management strategy in 2021.
Following a detailed audit procedure, EcoVadis, which is one of the world’s largest and most trusted providers of business sustainability ratings, has repeatedly awarded the Silver Award to the Latvijas Gāze Group. Compared to the previous year, the rating of this year has improved, surpassing the industry average by 9%.