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.
Olavs Ķiecis, Business Development Manager of Latvijas Gāze, shares energy efficiency tips to business clients
In order to reduce the impact of increase in the price of energy resources, the government has decided to compensate the increase in the price of natural gas not only for residents, but also for consumers in buildings where the contract with the natural gas trader is held by the building manager or another legal entity. The state aid can be received by the owner, manager, project developer of multi-apartment residential buildings, terraced houses, where natural gas is used by households within the framework of mutual contractual obligations.
By improving energy efficiency, companies not only benefit from energy savings, but also from many new opportunities for development and sustainability. The summer period is the perfect time to review and improve business processes, analyse energy consumption and implement an energy efficiency strategy.
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.