Conexus Baltic Grid (AS "Conexus Baltic Grid")

Conexus Baltic Grid (AS "Conexus Baltic Grid")

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Last update: May 25, 2023 Last update: May 25, 2023
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Details

Legal residence:Latvia
Types:SupplierSupplier
Funding agencies:EC, Other
Sectors:EnergyEnergy
Sanctions:Check now
Status:Active

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About

„Conexus Baltic Grid” is an independent and competitive company with a high quality of service that enables development opportunities for customers as well as employees.

The company cooperates with legal entities - natural gas traders in the Baltic Sea Region - in accordance with the tariffs for natural gas transmission system services set by the Public Utilities Commission. JSC „Conexus Baltic Grid” manages one of the most modern natural gas storage facilities in Europe – Inčukalns underground gas storage, which is an important strategic object in the whole Baltic Sea region. It provides the energy security and independence of the whole region. The active gas capacity of the Inčukalns underground gas storage facility can reach up to 2.3 billion cubic meters, which can fully supply the fuel and energy needs of Latvia and the region. In turn, for traders it is an opportunity to store natural gas in a strategically advantageous place.

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