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Wednesday 20.08.2014 | Name days: Bernhards, Boriss
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Gazprom pledges to delight Latvian consumers

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Gas procurement price formulation for Latvia will be changed in the upcoming days. The price correction will be positive news for Latvian consumers, says Gazprom representative in the Baltics Pavel Litvinov.

According to the information available to the newspaper, the company Latvijas Gāze (Latvian Gas) Board of Directors meeting will take place on December 10, where a new agreement with Gazprom on energy resources price formulation principles for the following three years will be discussed.

Neither Latvian Gas, nor Gazprom reveals the gas procurement price. After unofficial information, it is 148.4 lats per thousand cubic meters. The total costs for Latvian Gas to purchase the resource might form 195 lats per thousand cubic meters.

Latvian Gas Head Adrians Dāvis refrained from commenting upon the agreement, pointing at its confidentiality. The only thing I can say is Latvian Gas has put the maximum effort for the good of Latvia, stresses Dāvis.


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  1. Tims says:

    At least something will be cheaper.

    Thumb up 0 Thumb down 0

  2. One says:

    Wonder, why they decided it…the minister has managed to persuade them, finally.

    Thumb up 0 Thumb down 0

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