Latvijas Gāze
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Latvijas Gāze
A/S Latvijas Gāze is a Latvian natural gas company, which deals in the importation and sale of natural gas. Latvijas Gāze is owned by Gazprom (34%), Rietumu Bank (28.97%), Uniper Ruhrgas International (18.26%) and Itera-Latvija (16%). In January 2016 the Marguerite Fund acquired a 28.97% stake from E.ON. The Latvia's gas transmission network was unbundled from the company in 2016 by establishing an independent transmission and storage company Conexus Baltic Grid. For operating the distribution network, Latvijas Gāze established the gas distribution system operator Gaso. History In 1862, an artificial gas factory started operating in Riga, which produced fuel gas from coal for lighting the streets of Old Riga. Later, fuel gas was also used in gas stations and households. The second gas factory in Riga was opened in 1875. The Liepaja gas factory was opened in 1882. After the Second World War, in 1949, liquefied petroleum gas Liquefied petroleum gas, also ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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Itera
ARETI International Group is a private energy company headquartered in Geneva, Switzerland. The ARETI group consists of holding companies registered in Switzerland, Cyprus, the United States, Turkmenistan and is involved in the energy industry, real estate and cycling development. The company operates primarily in Switzerland and the Commonwealth of Independent States (CIS) countries. ARETI was created by Igor Makarov in 2015 following his sale of Itera International Group of Companies, which was started in 1992 and sold off in 2013, when Itera's main subsidiary, Itera Oil & Gas Company, was acquired by Rosneft prior to any sanctions placed on Rosneft. History of ARETI International Group ARETI is a Swiss-based company which was founded by Igor Makarov in 2015, focusing on investments in various sectors in Western Europe, the US, Canada and Central Asia. Approximately in 2016, ARETI made investments into Inception Exploration Ltd., a Calgary based oil and gas exploration c ...
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1991 Establishments In Latvia
It was the final year of the Cold War, which had begun in 1947. During the year, the Soviet Union collapsed, leaving fifteen sovereign republics and the CIS in its place. In July 1991, India abandoned its policies of dirigism, license raj and autarky and began extensive liberalisation to its economy. This increased GDP but also increased income inequality over the next two decades. A UN-authorized coalition force from 34 nations fought against Iraq, which had invaded and annexed Kuwait in the previous year, 1990. The conflict would be called the Gulf War and would mark the beginning of a since-constant American military presence in the Middle East. The clash between Serbia and the other Yugoslav republics would lead into the beginning of the Yugoslav Wars, which ran through the rest of the decade. In the context of the apartheid, the year after the liberation of political prisoner Nelson Mandela, the Parliament of South Africa repeals the Population Registration Ac ...
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Energy Companies Established In 1991
Energy () is the quantitative property that is transferred to a body or to a physical system, recognizable in the performance of work and in the form of heat and light. Energy is a conserved quantity—the law of conservation of energy states that energy can be converted in form, but not created or destroyed. The unit of measurement for energy in the International System of Units (SI) is the joule (J). Forms of energy include the kinetic energy of a moving object, the potential energy stored by an object (for instance due to its position in a field), the elastic energy stored in a solid object, chemical energy associated with chemical reactions, the radiant energy carried by electromagnetic radiation, the internal energy contained within a thermodynamic system, and rest energy associated with an object's rest mass. These are not mutually exclusive. All living organisms constantly take in and release energy. The Earth's climate and ecosystems processes are driven pri ...
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Companies Based In Riga
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation pu ...
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Gazprom Subsidiaries
PJSC Gazprom ( rus, Газпром, , ɡɐsˈprom) is a Russian majority state-owned multinational energy corporation headquartered in the Lakhta Center in Saint Petersburg. The Gazprom name is a contraction of the Russian words ''gazovaya promyshlennost'' (, gas industry). In January 2022, Gazprom displaced Sberbank from the first place in the list of the largest company in Russia by market capitalization. In 2023, the company's revenue amounted to 8.5 trillion rubles, a significant decline from the 11.7 trillion rubles it reported in 2022. Gazprom is vertically integrated and is active in every area of the gas industry, including exploration and production, refining, transport, distribution and marketing, and power generation. In 2018, Gazprom produced twelve percent of the global output of natural gas, producing 497.6 billion cubic meters of natural and associated gas and 15.9 million tonnes of gas condensate. By 2023, this share plunged to Gazprom then exports the ...
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Natural Gas Companies Of Latvia
Nature is an inherent character or constitution, particularly of the Ecosphere (planetary), ecosphere or the universe as a whole. In this general sense nature refers to the Scientific law, laws, elements and phenomenon, phenomena of the physical world, including life. Although humans are part of nature, human activity or humans as a whole are often described as at times at odds, or outright Anthropocentrism, separate and even superior to nature. During the advent of modern scientific method in the last several centuries, nature became the passive reality, organized and moved by divine laws. With the Industrial Revolution, nature increasingly became seen as the part of reality deprived from intentional intervention: it was hence considered as sacred by some traditions (Jean-Jacques Rousseau, Rousseau, American transcendentalism) or a mere decorum for divine providence or human history (Hegel, Marx). However, a vitalist vision of nature, closer to the pre-Socratic one, got reborn ...
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Latvian Olympic Committee
The Latvian Olympic Committee (, LOK) is a non-profit organization that is the National Olympic Committee for Latvia. Its headquarters are in Riga. History The Committee was created on 23 April 1922. In 1923, it received a notice from the International Olympic Committee that Latvia could take part in the next Olympic Games. After the Occupation of the Baltic states, occupation of Latvia by the Soviet Union in 1940, its activity was suspended. During this time, Latvians competed as part of Soviet Union at the Olympics, USSR delegation. The committee was reformed on 17 September 1988 and was recognized by the International Olympic Committee, IOC in 1991. List of LOK Presidents Member federations The Latvian National Federations are the organizations that coordinate all aspects of their individual sports. They are responsible for training, competition and development of their sports. There are currently 29 Olympic Summer and eight Winter Sport Federations and two another Spo ...
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Liquefied Petroleum Gas
Liquefied petroleum gas, also referred to as liquid petroleum gas (LPG or LP gas), is a fuel gas which contains a flammable mixture of hydrocarbon gases, specifically propane, Butane, ''n''-butane and isobutane. It can also contain some propylene, butylene, and isobutylene/Isobutylene, isobutene. LPG is used as a fuel gas in HVAC, heating appliances, cooking equipment, and vehicles, and is used as an aerosol propellant and a refrigerant, replacing chlorofluorocarbons in an effort to reduce the damage it causes to the ozone layer. When specifically used as a vehicle fuel, it is often referred to as autogas or just as Autogas#Terminology variations and confusion, gas. Varieties of LPG that are bought and sold include mixes that are mostly propane (), mostly butane (), and, most commonly, mixes including both propane and butane. In the northern hemisphere winter, the mixes contain more propane, while in summer, they contain more butane. In the United States, mainly two grad ...
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Public Broadcasting Of Latvia
Public Service Media of Latvia ( – LSM) is a publicly funded radio and television organization operated by both of Latvia's public broadcasters – Latvijas Televīzija, Latvian Television and Latvijas Radio, Radio Latvia. LSM provides news, analysis, culture, entertainment and new experimental content, produced mainly by Latvijas Televīzija, Latvian Television and Latvijas Radio, Radio Latvia, and by the portal’s editorial personnel. The site was launched on 3 February 2013. LSM content is also available in Latgalian language, Latgalian, Russian language, Russian, English language, English, Ukrainian language, Ukrainian, Belarusian language, Belarusian and Polish language, Polish. News content in English was made available from 1 July 2014. A unified news portal was one of the steps planned in a much wider convergence of both public broadcasters. In 2012, Latvia’s National Electronic Media Council (NEMC or ''NEPLP'') approved the concept of creating a new Latvian public ...
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Marguerite Fund
Marguerite (or the 2020 European Fund for Energy, Climate Change and Infrastructure) is a pan-European infrastructure fund manager that invests in energy & renewables, digital transformation, waste & water and transport. The fund's headquarters is in Luxembourg, with offices in Paris and Milan. History Marguerite was established in 2010 by the European Investment Bank, Caisse des dépôts et consignations, Cassa Depositi e Prestiti, Instituto de Crédito Oficial, Kreditanstalt für Wiederaufbau and Powszechna Kasa Oszczędności Bank Polski as part of the European Economic Recovery Plan, with €710 commitments. Marguerite I launched in 2010, at a time when investors had little trust in greenfield infrastructure after the 2008 financial crisis. The EIB and the national EU member state promotional banks committed €700 million to the second fund by November 2017, and a private investor in 2018 contributed another €40 million. The EIB, with the European Fund for Strategic ...
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