JSC Latvijas Gāze has concluded amendments to the existing overdraft agreement with OP Corporate Bank plc, Latvian branch.
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.
As of 1st of January 2022, Latvijas Gāze has been included at the GOLD level of the In-depth Cooperation Programme.
The history of the gas supply of Latvia goes back more than 150 years, but the company as it is known today was established 30 years ago, after Latvia regained its independence.
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.
On Friday, 3 December 2021, an online discussion ‘How do you stay transparent and still play the field?’ took place. During the discussion, entrepreneurs and experts shared their experience on how much information about the operations a company must disclose in the interests of investors and the public, while not losing the competitive advantage.