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Published: 2010-01-25 07:04:53 CET
Latvijas Gāze
Company Announcement
Investment plans
Over the period of 2010 thru 2015, the Joint Stock Company „Latvijas
Gāze”
plans to invest 50.6 million lats in modernization of the gas supply
system. 35
million lats of this amount are intended for the modernization the
Inčukalns
Underground Gas Storage Facility, while 9.5 million lats and 6.1
million lats -
for the modernization of the transmission system and the
distribution system
respectively. 

In 2010, the company plans to invest
around 20 million lats. For modernization
of wells in Incukalns Underground
Gas Storage it is foreseen also co-financing
of European Funds in the amount
of approximately 5 million lats.