OREANDA-NEWS. November 10, 2015. In pursuit of the strategic goal of development of a competitive regional natural gas market, AB Amber Grid is acquiring from AB Lietuvos Dujos a 34% stake in UAB GET Baltic. On 6 November 2015, AB Amber Grid and AB Lietuvos Dujos signed a stake transfer agreement. The value of the transaction amounts EUR 130,832.

AB Amber Grid became the largest shareholder of UAB GET Baltic and will control 66% of its authorized share capital. The Finnish natural gas company, Gasum Oy, owns the remaining 34% stake.

UAB GET Baltic is a company with a natural gas market operator's license, whose main function is to arrange for trading and develop the Natural Gas Exchange.