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21.12.2010
Gazprom has become generous to the New Year, and lowered the price of gas to Latvia
Gazprom has become generous to the New Year, and lowered the price of gas to Latvia

Gazprom has a 15% reduced the price of natural gas to Latvia. In this case, noted that the new method of calculation will be valid for at least 2011. Gas tariffs from 1 January to residents of Latvia to fall by 4-7 percent. For industrial tariff reduction on natural gas will be 5 percent.

Latvia has tried to renegotiate fuel supplies from Russia since early 2010. According to Eurostat, in 2009, the Latvian side to pay for gas by an average of 24 per cent of Lithuania and 32 per cent more than in Estonia. In July 2010, Gazprom said he did not plan to provide the Latvian side discount on Russian gas. However, in August, the parties agreed to reduce prices for natural gas, but did not disclose the exact figure.

Earlier, in February 2009, the company Latvijas Gaze has concluded with Gazprom agreement on deliveries of natural gas, in which Latvia was guaranteed the necessary amount of fuel until 2030.

The main activities of Latvijas Gaze are buying, transporting, storing and distribution of gas in Latvia. According to Latvijas Gaze on December 31, 2009, 34 percent of the company owned by Gazprom.

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