Business and Financial Review • Jan 25, 2010
Business and Financial Review
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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.
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