Girish Mahajan (Editor)

Latvijas Gāze

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Type
  
Joint stock company

Industry
  
Energy

Founded
  
1991

Traded as
  
Nasdaq Baltic: GZE1R

Revenue
  
€ 469,1 million (2009)

Headquarters
  
Riga, Latvia

Latvijas Gāze lglvimglogotop1gif

Key people
  
Aigars Kalvītis (Chairman of the board and CEO) Kirill Seleznev (Chairman of the supervisory board)

Products
  
Natural gas storage, sale and distribution, energy trading

Stock price
  
GZE1R (RSE) € 8.39 -0.10 (-1.18%)13 Mar, 12:36 PM GMT+2 - Disclaimer

A/S Latvijas Gāze is a Latvian natural gas company, which deals in the importation, transmission, storage and sale of natural gas. It holds a monopoly on the natural gas market in Latvia. Latvijas Gāze is owned by Gazprom (34%), Marguerite Fund (28.97%), Uniper Ruhrgas International (18.26%) and Itera-Latvija (16%). The country's gas transmission network is scheduled to be unbundled from the company by the end of 2017. In January 2016 the Marguerite Fund acquired a 28.97% stake from E.ON leaving the latter, whose fossil fuel assets have been spun off as Uniper with 18.26%.

References

Latvijas Gāze Wikipedia