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Manual for traders of
natural gas in Latvia

Manual for traders of natural gas in Latvia

Registration with the regulator

As of 10 February 2017, a legal entity has to register with the regulator as a reader of gas in the open Latvian gas market.

Documents to be submitted by legal entity.

Legal entity has to submit a notification on registration of a trader of natural gas to the regulator.

Conclusion of contract with distribution system operator

Trader concludes a contract with distribution system operator on the use of system services.

Trader has to conclude a “Contract on system service”.

Trader can conclude a contract on system service with distribution system operator only after the necessary contracts have been concluded with the management system operator.

Concluding contracts with clients

Trader that has concluded the necessary contracts with the management system and distribution system operators (if necessary, with the storage operator on use of Inčukalns Underground Gas Storage) starts concluding contracts with clients.

Registration of contracts

Trader that has concluded a new contract with client on supply of gas, registers the contract with the distribution system operator.

Trader registers the contract with the distribution system operator until 15th day of the previous month.

Planning and reserving of supply and supplying

At least one day before starting supplies of gas trader shall reserve the necessary capacities of transmission and storage.

Trader submits the plan of the next day to the management system operator on completion of supplies.

Settlements and payments

Trader receives a summary of the previous month for each supply point from the distribution system operator.

The trader receives an invoice from the unified transmission system operator "Conexus" for the booked capacities, the usage of the exit point, the balancing costs, and the ancillary services.

Trader issues an invoice to client on the supplied natural gas and system services.

Becoming a trader of
natural gas in Latvia
Measures to be
taken when supplying
gas to clients
Daily measures to be
taken when participating
in the Latvian open gas market