Colder temperature during heating season and significantly higher natural gas prices were the two main factors, which influenced the Latvijas Gāze performance in 2021. Colder temperature increased Latvijas Gāze sales and utilization of Gaso distribution network.
JSC Latvijas Gāze has concluded amendments to the existing overdraft agreement with OP Corporate Bank plc, Latvian branch.
2021 was unexpectedly challenging and dynamic for the natural gas market. Several global conditions caused a sharp price jump because of which the price of natural gas was almost 6 times higher at the end of 2021 than at the beginning of the year. This has had a significant impact on both natural gas users and natural gas traders.
For a peaceful and worry-free holiday season, please remember the most important safety rules when preparing festive treats and decorating your home. It is especially important to discuss these issues with children so that they know what to do in a critical situation.
During the winter season, energy consumption has increased significantly, and consequently, the costs have increased as well. We have put together some helpful tips on how to do more to reduce costs and improve the energy efficiency of your home.
From 1 January 2022, the increase in the price of natural gas for households purchasing natural gas at the regulated tariff will be significantly lower than the increase in the total price of natural gas in the market.