Latvijas Gaze to submit new tariff proposals

  • 2005-11-16
  • From wire reports
RIGA - In response to Russia's announcement that it planned to increase the price for natural gas deliveries to Latvia by some 30 percent next year, Latvijas Gaze has decided to submit new proposals for tariff changes. As company spokesman Vinsents Makaris explained, the purchase price of gas comprises about two-thirds of the price at which Latvijas Gaze sells, so any price-rise on the part of Russia will automatically call for a corresponding rise in Latvia.He said that Gazprom, Russia's natural gas monopoly, was revising its existing agreement about prices for gas deliveries in light of t...
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