Energy, EU – Baltic States, Gas, Investments, Latvia, Legislation, USA

Pietiek.com says that a number of U.S. energy industry leaders who met with Latvian President Andris Berzins during his visit in Houston, have proposed offers of various degrees with an aim to strengthen Latvia's energy independence from Russia. The first offer includes acquisition of 47.23% of Latvijas Gaze shares that currently belong to E.ON Ruhrgas, while the second deals with investing in the construction of a liquefied gas terminal in Latvia, at the same time providing gas supply from the United States.

Among the representatives who met with President Berzins, were Vice-President of Cheniere Energy Anatol Feygin. Pietiek.com reports that Feygin's company owns a liquefied gas terminal in Louisiana that was once used for gas imports, but since shale gas was introduced in the United States, the terminal has been adjusted to gas exports.

Other representatives present at the round-table discussions, were CEO of Associated Pipe Line Contractors Paul Somerville, Managing Director at Global Hunter Securities Anthony Socci, Vice-President of GDF SUEZ Rudolph Adamiak, Managing Director at Riverstone Holdings Ralph Alexander, CFO of Ceritas Energy Richard Sherrill, Chief Commercial Officer at Magnolia LNG Rick Cape, and Vice-President of Baker Hughes Peter Ragauss.