Latvijas Gāze

A/S Latvijas Gāze
Joint stock company
Traded as Nasdaq Baltic: GZE1R
Industry natural gas
Founded 1991
Headquarters Riga, Latvia
Key people
 Aigars Kalvītis (Chairman of the board and CEO)[1]
Kirill Seleznev (Chairman of the supervisory board)
Products natural gas
Services natural gas distribution
energy trading
Revenue €469.1 million (2009)[2]
Increase €27.2 million (2009)[2]
Number of employees
 1,336 (2009)[3]
Website www.lg.lv

A/S Latvijas Gāze is a Latvian natural gas company, which deals in the importation and sale of natural gas.

Latvijas Gāze is owned by Gazprom (34%), Marguerite Fund (28.97%), Uniper Ruhrgas International (18.26%) and Itera-Latvija (16%).[4] In January 2016 the Marguerite Fund acquired a 28.97% stake from E.ON.[5][6]

The Latvia's gas transmission network was unbundled from the company in 2016 by establishing an independent transmission and storage company Conexus Baltic Grid.[7] For operating the distribution network, Latvijas Gāze established the gas distribution system operator Gaso.[7]

References

  1. ↑ "Aigars Kalvitis the new CEO at "Latvijas Gaze"". LETA. 2015-08-14. Retrieved 2016-02-12.
  2. 1 2 "Joint stock company "Latvijas Gāze" Annual accounts for the year ended 31 December 2009" (PDF). nasdacomxbaltic.com. 2010-04-29. p. 15. Retrieved 2010-11-01.
  3. ↑ "Joint stock company "Latvijas Gāze" Annual accounts for the year ended 31 December 2009" (PDF). nasdacomxbaltic.com. 2010-04-29. p. 13. Retrieved 2010-11-01.
  4. ↑ "Joint stock company "Latvijas Gāze" Annual accounts for the year ended 31 December 2009" (PDF). nasdacomxbaltic.com. 2010-04-29. p. 3. Retrieved 2010-11-01.
  5. ↑ "Marguerite fund buys 28.97% of gas utility". Public broadcasting of Latvia. 2016-01-28. Retrieved 2016-01-30.
  6. ↑ Gelzis, Gederts (2016-01-28). "EU's Marguerite fund buys 29 pct stake in Latvian gas utility". Reuters. Retrieved 2016-01-30.
  7. 1 2 "Latvijas Gaze raises EUR 35 mln loan for Gaso capital". The Baltic Course. 2017-10-26. Retrieved 2017-10-29.


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