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Latvian In 2020, Latvijas Gāze group succeeded in attaining a positive result despite the challenges brought on by the market conditions. Relatively mild air temperatures, strict restrictions due to the spread of the coronavirus, and low level of natural gas prices were the main factors shaping the operating environment for the JSC “Latvijas Gāze”. Generally, the air temperature remained above the long-term seasonal average during winter months, affecting the demand for natural gas in the heating segment in particular. Substantially higher summer-winter spreads compared to the regulated charge for storage capacities led to a high demand for storage services, consequently making the JSC “Latvijas Gāze” have less storage available compared to 2019. Furthermore, maintenance of the natural gas transmission systems limited the possibilities of rerouting and optimising natural gas flows.

Group unaudited consolidated interim condensed financial statementEuropean single electronic formatஐரோப்பிய ஒற்றை மின்னணு வடிவம்