OREANDA-NEWS In October, Gazprom sold its entire stake in Latvijas gaze JSC (LG, Latvian Gas) in the amount of 34 percent. This became known to Interfax.

According to the data provided by the agency, 27.85 percent of the securities were bought by Energy investment LLC, specially created by members of the board of LG, the operator of the Latvian gas transmission system, and another 6.15 percent was acquired by the Lithuanian company Haupas.

The amount of transactions concluded is not mentioned in the material, information about them is confirmed by data on the composition of shareholders published on the website of the Latvian company.

In February, Latvijas gāze lost the opportunity to participate in public procurement due to Russia's inclusion in the list of jurisdictions that do not cooperate with the EU on tax issues and the presence of Gazprom among shareholders, TASS wrote. In the same month, LG CEO Aigar Kalvitis announced the buyout of all shares from the holders within a year.