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.
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.
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.
Latvijas Gāze supplies customers with natural gas, which is the most convenient and environmentally friendly traditional fuel for consumers. At times, when environmental aspects are playing an important role in our decision-making, Latvijas Gāze has developed an environmental policy that identifies initiatives that promote greater responsibility for the environment, as well as the development and spread of environmentally friendly technologies.
The use of biomethane in transport is closely linked to the development of natural gas filling infrastructure, as well as the increase in the number of CNG cars. It is the next step towards climate neutrality and environmentally friendly energy.
As of 1st of January 2022, Latvijas Gāze has been included at the GOLD level of the In-depth Cooperation Programme.