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Gazprom could help Latvia build new plant

Apr 09, 2008
From wire reports

RIGA - A senior Gazprom official has hinted that the natural gas company might help Latvia build a new power plant but that it would want a 25 percent stake in the enterprise. Kirill Seleznyov, vice-chairman of Gazprom’s council and chairman of Latvijas Gaze, Latvia’s main gas distributor, said that the Russian gas company’s participation in any project depended purely upon profitability. “If Gazprom gets its fair share in the project, if we are interested to participate, then the investment ...


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