Shareholders of Latvia's gas utility approve assets spin-off

Latvijas Gaze AS

02/09/2016 09:42

RIGA, Sept 2 (Reuters) - The owners of Latvia's gas utility 
Latvijas Gaze  GZE1R.RI  approved on Friday a spin-off of its 
gas transportation and storage assets, in line with European 
Union market rules, the company announced at a shareholders' 
meeting. 
    Latvijas Gaze, 34 percent owned by Russia's Gazprom 
 GAZP.MM , imports and sells pipeline gas from Russia and 
operates the region's only underground gas storage. 
 
 (Reporting by Gederts Gelziz, writing by Nerijus Adomaitis, 
editing by Terje Solsvik) 
 ((nerijus.adomaitis@thomsonreuters.com; +47 9027 6699; Reuters 
Messaging: nerijus.adomaitis.thomsonreuters@reuters.net)) 
 
Keywords: LATVIJAS GAZE RESTRUCTURING/