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.
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.
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.
To avoid sudden problems with the amount of the current bill, we invite you to conclude a natural gas trade contract as soon as possible, if it has not been done at the object so far, and you will receive natural gas within the framework of Final Guaranteed Supply (FGS). For FGS users who have not signed a contract within 6 months, the price of natural gas will be 2x higher.
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.