There is a sufficient gas quantity available for this heating season. In the next three months there is nothing to worry about at all. Work is currently in progress to ensure natural gas injection in summer for the next heating season. The possibility of not receiving gas is out of question – in one way or another, Latvia will receive gas in the summer season.
Currently, the JSC “Latvijas Gāze” has sufficient natural gas reserves at the Inčukalns Underground Gas Storage Facility to continue supplying natural gas to households and market customers under the effective contracts without disruption.
In light of the situation having arisen in the energy sector and the sanctions imposed by the USA and the European Union – the energy sector, as far as the supply of energy resources to consumers is concerned, is not included in the overall package of sanctions.
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.
In the wake of the energy crisis across Europe, the government has decided to compensate for the increase in the price of natural gas for citizens with annual natural gas consumption above 250 m3. Compensation will be applied for the period from January to the end of April 2022. Households do not need to apply for state aid; the reduced fee will be included in the billing documents automatically in accordance with the amount determined by the state.