updated - Announced an early warning in the natural gas supply sector

(Full post updated.)

On March 9, 2022, the Cabinet of Ministers of the Republic of Latvia, having assessed the information provided by the Ministry of Economics, as the authority responsible for gas supply security, on the current situation of natural gas supply security, announced an early warning in the natural gas supply sector.

Latvian gas transmission and storage system operator AS “Conexus Baltic Grid” (hereinafter - “Conexus”) plans to publish on March 15, 2022 principles of distribution of transmission system capacity and Inčukalns underground gas storage (UGS) injection capacity which shall ensure that maximum possible amount to be injected is transmitted from Klaipeda LNG terminal and Lithuania-Poland interconnection point. Principles how system users who has booked Inčukalns UGS capacity for 2022/2023 cycle before March 9, 2022 can give up booked capacity also will be published.

Conexus Baltic Grid AS will coordinate with the directly connected Member States to fulfil the task of prioritising gas flows coming from the Klaipeda LNG terminal and the Poland-Lithuania gas interconnector.