Public Joint Stock Company Gazprom (GAZP.ME)

“On the conditions of settlements for natural gas imports into Latvia going forward”

The JSC “Latvijas Gāze” has a long-term agreement with the PJSC “Gazprom” on natural gas supplies in 2000-2030. So far, as stipulated by the agreement, payments for supplies have been made in the EUR currency. Since March 31, 2022, there have been changes envisaged in the procedure of settlements for natural gas imports into Latvia. The JSC “Latvijas Gāze” has not made any natural gas purchases from the PJSC “Gazprom” since the introduction of the changes. There are both political and commercial