Brief: Latvijas Gaze Says Cannot Provide The Obligation To Store The Required Amount Of Natural Gas Reserves
Aug 10 (Reuters) - Latvijas Gaze AS GZE1R.RI :
* ANNOUNCES THAT AS OF AUG. 31 IT WILL NOT BE ABLE TO
PROVIDE THE
OBLIGATION TO STORE THE REQUIRED AMOUNT OF NATURAL GAS RESERVES
* ACCORDING TO ENERGY LAW OF LATVIA WHEN THE CO AS THE
EXISTING
PUBLIC TRADER DOES NOT FULFILL THE TASK SET BY THE LAW FUNCTIONS
OF PUBLIC TRADER ARE TAKEN OVER AND PERFORMED BY LATVENERGO
Source text: ID:nGNE7p1993
Further company coverage: GZE1R.RI
(Gdansk Newsroom)
((Gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
Recent news on Latvijas Gaze AS
See all newsBrief: Latvijas Gaze Q1 Net Profit Up At EUR 8.7 Million
Brief: Latvijas Gaze FY Net Result Turns To Loss Of EUR 56.9 Million
Brief: Latvijas Gaze 9-month Unaudited Result Turns To Net Loss Of EUR 24.9 Million
Brief: Latvijas Gaze Says Eesti Gaas Has Received Clearance From The Latvian Government To Buy The Latvijas Gaze Subsidiary Gaso
Brief: Latvijas Gaze Q1 Net Profit At EUR 12 Million, Down 85% YoY