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.
The 14th Baltic Gas Market Forum took place in Tallinn on 25 May this year, where participants reported on the latest developments in the Baltic and Finnish gas markets, talked about infrastructure development projects and shared information on the latest developments in the Baltic and Finnish natural gas markets.
The conference, organised by Dienas Bizness on 11 May this year, brought together industry companies, experts and representatives of institutions to discuss the development of the energy sector in the coming years that should contribute to Latvia's energy security and independence.
The JSC “Latvijas Gāze” has a long-term agreement with the PJSC “Gazprom” on natural gas supplies in 2000-2030. So far, as stipulated by the agreement, payments for supplies have been made in the EUR currency.
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%.
Against the background of the geopolitical situation and its substantial impact on the natural gas market, the April natural gas price in Europe is currently forecast at around 250-300 EUR/MWh.