Energy, Gas Market , Good for Business, Latvia, Lithuania
International Internet Magazine. Baltic States news & analytics
Tuesday, 01.07.2025, 04:39
Lietuvos Dujų Tiekimas has successfully entered the Latvian market
BC, Vilnius, 23.05.2017.
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Lietuvos Dujų Tiekimas natural gas supply and trading company, part of the state-controlled Lietuvos Energija energy company group, has signed its first natural gas supply agreements with clients in Latvia, LDT representative informed BC.
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“There
is great interest in Lietuvos Dujų Tiekimas in Latvia. We felt this before the
market was even officially opened. We are glad to be able to enter the Latvian
market and offer diversified gas supplies with the best conditions for
companies in this country. We believe that opening the market will help them
get the best prices possible,” claimed Lietuvos Dujų Tiekimas CEO Mantas
Mikalajūnas.
Agreements
were signed with companies that consume themselves or sell gas to end
consumers. First volumes of natural gas will be supplied to Latvia soon.
Latvia
officially ended its natural gas import and supply monopoly on the 3rd of April
this year.