The use of natural gas in road transport has become increasingly popular over the last decade. CNG-powered cars are now used by more than two million Europeans and are suitable for everyone, from private vehicle owners to public transport and freight transport.
On 9 November 2021, the 13th Baltic Gas Market Forum, where participants talked about regional infrastructure development projects such as GIPL and ELLI, and shared information regarding the latest developments in the Baltic and Finnish natural gas markets.
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.
JSC Latvijas Gāze has concluded amendments to the existing overdraft agreement with OP Corporate Bank plc.
At the beginning of 2020 Latvijas Gāze began trading natural gas to companies in Finland. For the convenience of Finnish customers, a new website has been created to provide simple and accessible information on current offers.
In the first half of 2021, the net turnover of the Group reached EUR 154.3 million, which is 56% more than in the corresponding period in 2020, while the net profit of the Group in the first six months of 2021 is EUR 5.4 million.