Latvijas Gaze - Company Profile

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Latvijas Gaze (Latvijas) is a supplier of natural gas. The company carries out the purchase, trading and sale, and wholesale trading of natural gas. Latvijas owns and operates a natural gas distribution network in Latvia. It also provides distribution services to participants in the natural gas market in the country. The company transmits natural gas through mid and low- and low-pressure pipelines. It serves industrial, commercial and residential customers in Latvia. It also operates a natural gas supply system in the country. The company also has natural gas trading licenses for Estonia and Lithuania and has a contract with the Energijos Skristymo Operatorius for the use of the distribution system in Lithuania. Latvijas is headquartered in Riga, Latvia.

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Headquarters Latvia

Address Aristida Briana Iela 6, Riga, 1001

Website lg.lv

Telephone 371 67 869866

No of Employees 1,020

Industry Energy and Utilities

Ticker Symbol & Exchange GZE1R (RSE)

Revenue (2022) $725.3M 31.3% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ 1106% (2022 vs 2021)

Market Cap* $393.8M

Net Profit Margin (2022) XYZ 812.9% (2022 vs 2021)

* As of and is in US$
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Latvijas Gaze premium industry data and analytics

2

Midstream

Midstream database provides details on global active, upcoming , decommissioned, and cancelled oil & gas pipelines, LNG regasification and liquefaction terminals, liquid storage terminals, underground gas storage facilities, and gas processing plants.

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Latvijas Gaze’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services
Natural Gas Natural Gas Distribution
Natural Gas Trading
Gas Supply System
XYZ
XYZ
XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2023 Contracts/Agreements In April, the company signed a definitive agreement to sell its wholly-owned subsidiary, Gaso to Eesti Gaas.
2021 Corporate Awards In November, the company received the internationally recognized ISO 14001 standard certificate for company's high standards, purposeful reduction of its impact on the environment and responsible management.
2020 Corporate Changes/Expansions In January, the company opened its first CNG filling station in Riga.
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Competitor Comparison

Key Parameters Latvijas Gaze NV Nederlandse Gasunie AS Eesti Gaas Enagas SA Societatea Nationala De Transport Gaze Naturale Transgaz SA
Headquarters Latvia Netherlands Estonia Spain Romania
City Riga Groningen Tallinn Madrid Medias
State/Province - Groningen - Madrid -
No. of Employees 1,020 1,707 208 1,389 4,043
Entity Type Public Government Private Public Public
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Executives
Name Position Board Since Age
Aigars Kalvitis Chairman Executive Board 2015 57
Denis Emelyanov Vice Chairman Executive Board 2018 45
Elita Dreimane Director Non Executive Board 2018 55
Inga Abolina Director Non Executive Board 2020 48
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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