The Baltic Times

Gazprom opens first european office in Riga

  • 2009-04-08
  • TBT staff
RIGA- Gazprom has opened itsfirst European office in Riga. The company expressed interest in Latvia due tothe important energy projects in the region, including the gas pipeline fromPaldiski in Estonia to finland as well as the Nord Stream pipeline, runningfrom Russia to Germany. 

Gazprom said thatconnecting the ungerground gas storage facility in Dobele to Nord Stream isworthy of consideration to further pursue their interests in the Baltics.

 
In 2008, top Gazpromofficials hinted at possible collaboration on a new nuclaer power plant projectin Latvia, taking 25 percent stake of the project.

Gazprom, the world's largest producer of naturalgas, owns 34 percent of Latvijas Gaze, while Itera, a private company linked toGazprom, possesses a 16 percent stake.

 

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