Teksts
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In 3 months of the
year 2014, the JSC Latvijas Gāze sold to the consumers 489 million
m3 of natural gas. In comparison with the respective period of
2013, the natural gas sales decreased by 21.8 % due to the
differences in outdoor air temperature and investments by heat
supply companies in the use of renewable energy resources and a
partial replacement of fossil fuels with woodchip.
Over 3 months of 2014, the consumers were sold natural gas and
provided services for EUR 186.8 million, which is by 25,4 % less
than in the respective period of 2013.
The decrease of income year-on-year stems from the lower natural
gas sales volume and fact that during 3 months of 2014, due to
changes in oil product quotations and currency rates, the
residential and industrial customers were applied differential
natural gas sale end-user tariffs corresponding to a natural gas
sale price 8.1% below that of the 3 months of 2013. The income saw
decrease both in the industrial and household sector.
The Company completed 3 months of 2014 with a profit of EUR 5.2
million, which is 14.8% lower than in the respective period 2013
when the Company profited EUR 6.1 million.
Within the framework of the capital investment programme, EUR 4.0
million of investment funds was spent over 3 months of 2014, mostly
on the renovation of gas transmission and distribution
pipelines.
The natural gas withdrawal season in the 1st half of 2014 was
longer than planned because due to urgent repairs on the gas
transmission pipeline Torzhok-Valdai a natural gas feed from the
Inčukalns UGS was necessary till mid-May. In previous years, the
injection of natural gas into the Inčukalns UGS began in mid-April.
Despite the delay of the injection season, the Inčukalns UGS will
be filled, as this year, due to the mild winter, the volume of gas
to be injected is lower.
Vinsents Makaris
Phone + (371) 67 369 144
E-mail: IR@lg.lv
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