Latvijas Gāze
Company based in Riga, Latvia / From Wikipedia, the free encyclopedia
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A/S Latvijas Gāze is a Latvian natural gas company, which deals in the importation and sale of natural gas.
You can help expand this article with text translated from the corresponding article in Latvian. (June 2015) Click [show] for important translation instructions.
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Quick Facts Company type, Traded as ...
Company type | Public |
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Nasdaq Baltic: GZE1R | |
Industry | Natural Gas |
Founded | 1991 |
Headquarters | , |
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][needs update] |
€27.2 million (2009)[2][needs update] | |
Total assets | 379,012,000 Euro (2022) |
Number of employees | 1,336 (2009)[3][needs update] |
Website | www |
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Latvijas Gāze is owned by Gazprom (34%), Rietumu Bank (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]