Latvijas Gāze
A/S Latvijas Gāze is a Latvian natural gas company, which deals in the importation and sale of natural gas.
| Company type | Public |
|---|---|
Traded as | Nasdaq Baltic: GZE1R |
| Industry | Natural Gas |
| Founded | 1991 |
| Headquarters | Riga , |
Key people | Aigars Kalvītis (Chairman of the board and CEO) Kirill Seleznev (Chairman of the supervisory board) |
| Products | Natural Gas |
| Services | Natural Gas distribution energy trading |
| Revenue | €469.1 million (2009) |
Net income | €27.2 million (2009) |
| Total assets | 379,012,000 Euro (2022) |
Number of employees | 1,336 (2009) |
| Website | www |
Latvijas Gāze is owned by Gazprom (34%), Rietumu Bank (28.97%), Uniper Ruhrgas International (18.26%) and Itera-Latvija (16%). In January 2016 the Marguerite Fund acquired a 28.97% stake from E.ON.
The Latvia's gas transmission network was unbundled from the company in 2016 by establishing an independent transmission and storage company Conexus Baltic Grid. For operating the distribution network, Latvijas Gāze established the gas distribution system operator Gaso.
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