OREANDA-NEWS. January 27, 2010. Over the period of 2010 thru 2015, the Joint Stock Company „Latvijas Gaze” 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 Incukalns 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.