JSC Latvijas Gāze has concluded amendments to the existing overdraft agreement with OP Corporate Bank plc.
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.
AS “Latvijas Gāze” (GZE1R, ISIN LV0000100899) will close the list of shareholders for dividend payment on July 9, 2021 at the end of the working day of the Nasdaq CSD Latvian Settlement System.
Taking into consideration significant natural gas price increase and the need to ensure security of supply for the upcoming winter, JSC Latvijas Gāze has concluded amendments to the existing overdraft agreement with OP Corporate Bank plc.
The Gaso service tariff is intended for a regulation period of 4.5 years (from 1 July 2021 to 31 December 2025).
The changes are related to both the increase in the natural gas prices in the global markets and the amendments to the service tariff of distribution system operator Gaso (hereinafter – Gaso), which was approved by the Public Utilities Commission (hereinafter – PUC) on 30 April this year.