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GZE: Latvian and Lithuanian gas companies submit a project to receive financial support of the European Commission

Spekuliantai.lt | 2009-07-16 | NASDAQ OMX biržų naujienos | perskaitė: 1754
Raktiniai žodžiai: Latvijas Gaze, GZE
GZE: Latvian and Lithuanian gas companies submit a project to receive financial support of the European Commission

Latvijas Gaze Company Announcement 16.07.2009

Latvian and Lithuanian gas companies submit a project to receive financial
support of the European Commission

On July 14, 2009, the Latvian natural gas company Latvijas Gāz JSC and the
Lithuanian natural gas company Lietuvos Dujos AB submitted a joint application
for a programme of financial support of the European Commission, registering a
project on the increase of capacity of the Latvian-Lithuanian gas
interconnection.

The project envisages the improvement of infrastructure in the territory of
Latvia and Lithuania, increasing its capacity and integrity. By implementing
the project, the stability and security of gas supply in the region will be
improved. The total costs of the project are 33 million EUR, 50% of which are
requested from the funds of the programme.

Vinsents Makaris
Phone: + (371) 67 369 144
E-mail: [email protected]

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