Latvijas Gāze is the first company in Latvia, which published the Annual Report in 2021 in accordance with the new ESEF requirements. On 25 November, at the Nasdaq Riga seminar ‘Insider lists and ESEF requirements’, our Accounting Officer Olga Bobrova shared hands-on experience with iXBRL reporting.
Latvijas Gāze has introduced and implements an environmental management system, thus confirming the company's high standards, the purposeful reduction of its impact on the environment, and responsible management. The company has received the internationally recognised ISO 14001 certificate, which confirms that the environmental management of Latvijas Gāze complies with the international standards and best practices.
The use of natural gas in road transport has become increasingly popular over the last decade. CNG-powered cars are now used by more than two million Europeans and are suitable for everyone, from private vehicle owners to public transport and freight transport.
Due to the expiration of the term of office of three Board members in August 15, 2021, Latvijas Gāze makes changes in the composition of the Board which will take effect on August 16, 2021.
Jēkabpils is one of the first towns where commercial vehicles run on CNG. According to chairman of the board of SIA ‘Jēkabpils autobusu parks’ Jānis Ščerbickis, the renovation of their bus fleet with seven CNG vehicles in Jēkabpils has made it possible to maintain the bus fare at the current level (0.50 euros), and to preserve various discounts and benefits, such as free bus rides for schoolchildren.
Natural gas and biomethane will play a significant role in long-term freight and passenger transport; however, experts concluded that the promotion of the use of alternative fuels requires infrastructure, fiscal and financial support, as well as a review of European Union (EU) policies, during the conference ‘Gas and Transport. Myths. Reality. Benefits’. The main topic of the discussion was the achievement of international climate objectives, while maintaining the competitiveness of transport companies.