Reducing Activities: company scaling back some business operations while continuing others

Stay Scaling Back

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, Marguerite Fund, Uniper Ruhrgas International and Itera-Latvija. In January 2016 the Marguerite Fund acquired a 28.97% stake from E.ON.

Reducing Activities: company scaling back some business operations while continuing others

Stay Scaling Back
The Company Statement
September 29, 2022

Continues to buy Russian-made gas after statements about the refusal of direct supplies, fuel is purchased from an intermediary. The head of the company Aigars Kalvitis stated this to Delfi. Latvijas Gaze announced late in the evening on the 14th of April 2023 that it found a buyer fir the company’s 100% of shares in Gaso. This buyer is Estonian Eesti Gaas.

August 29, 2022Latvian firms buy Russian gas, pay in euros - Latvijas Gaze
August 29, 2022Latvijas Gaze resumes buying gas from Russia
July 29, 2022JSC “Latvijas Gāze” statement on natural gas supplies
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