Latvia: Gas storage hub to open for Lithuania, Estonia, Finland

The Latvian parliament, the Saeima, has approved in final reading amendments that will allow Lithuania, Estonia, and Finland to store strategic gas reserves at the underground gas storage facility in Incukalns, LSM reports. The three Baltic States have earlier signed solidarity agreements on gas supplies. The amendments will also free the operator of the Incukalns…

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Latvia: Latvijas Pasts plans to raise postal service tariffs in 2025

Latvia’s state-owned postal services provider, Latvijas Pasts, has submitted a new tariff plan for universal postal services to the Public Utilities Commission (SPRK), LETA reports. The company plans to raise tariffs on the domestic delivery of letters, parcels, and press publications as well as for cross-border postal services as of 2025. Latvijas Pasts said that…

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Latvia: Pres. Rinkevics calls for review of electricity tariffs

Latvian President Edgars Rinkevics called for a review of existing electricity distribution tariffs, LSM reports. Speaking after a meeting with Prime Minister Krisjanis Karins, Rinkevics said that the behaviour of the market regulator, the Public Utilities Commission (SPRK), was “unacceptable.” He insisted that the increase in electricity tariffs was “disproportionate.” The new tariffs came into…

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