SIA "Latvijas propāna gāze" (LPG), a daughter company of Latvijas Gāze,

has released preliminary results for

2000,  which  suggest  a loss of 440 thousand LVL. The sales volumes of

liquefied  gas  have  reduced  as  compared to the previous year due to

emerging of new competitors in the market.

The  liabilities  taken  over  from  company "Sašķidrinātā gāze" at the

moment  of  foundation  of   LPG  account for a significant part of the

losses.  LPG  management expects a further decrease of sales volumes of

liquefied gas this year as well.

During  the current heating season (26.10.2000 - 22.01.2001.) 1 billion

cubic   metres  of  natural  gas  were  pumped  out  of  the  Inčukalns

underground reservoir. Out of this, 504 million m3

were consumed in Latvia, 326 -

in  Russia,  and  170  in  Estonia.  The  total storage capacity of the

reservoir is 4

billion m3, of which 2.1 billion is active gas.