In six months of 2007, the Joint Stock Company “Latvijas Gāze” has sold to consumer 0.94 billion m3 of natural gas, which, in comparison with the respective period of 2006, is by 9% less. The decrease is due to warmer weather conditions in the first three months of 2007. In six months of 2007, customers have been sold natural gas and provided services for LVL 110.7 million, which, in comparison with the respective period of 2006, is by 10% more, and profited LVL 6.5 million, which is by 23.5% LESS than in six months of 2006. Within the capital investment program, LVL 11.6 million have been utilized in six months of 2007. Investment funds have been mostly used for modernization of technological equipment and construction of new gas pipelines. On April 16, the natural gas injection season in the Inčukalns Underground Gas Storage Facility was commenced. It is planned that in 2007, 1.18 billion m3 will be injected in the storage facility, reaching the current gas amount of 2.32 billion m3 at the end of the injection season in October. Commercial representative Vinsents Makaris Tel. + (371) 7369144
CORRECTION: JSC "Latvijas Gāze" - Unaudited Financial Report of six months of 2007
| Source: Latvijas Gaze