1 Table of Contents
1 Table of Contents 2
1.1 List of Tables 5
1.2 List of Figures 6
2 Introduction 7
2.1 What is This Report About? 7
2.2 Market Definition 7
3 Latvia Energy Sector 10
3.1 Latvia Energy Sector, Market Overview 10
3.2 Latvia Energy Sector, Oil 11
3.2.1 Latvia Oil, Overview 11
3.2.2 Latvia Oil, Supply and Demand Balance 11
3.2.3 Latvia Crude Oil, Regulatory Structure 15
3.3 Latvia Energy Sector, Gas 16
3.3.1 Latvia Gas, Overview 16
3.3.2 Latvia Gas, Supply and Demand Balance 16
3.3.3 Latvia Natural Gas, Regulatory Structure 20
4 Latvia LNG Industry 21
4.1 Latvia LNG Industry, Regasification 21
4.1.1 Latvia LNG Industry, Total Regasification Capacity 21
4.2 Latvia LNG Industry, Regasification, Capacity by Company 22
4.3 Latvia LNG Industry, Regasification, Capacity by Terminal 22
4.4 Latvia LNG Industry, Regasification Asset Details 23
4.4.1 Latvia LNG Industry, Regasification Active Asset Details 23
5 Latvia Oil Storage Industry 24
5.1 Latvia Oil Storage Industry, Key Data 24
5.2 Latvia Oil Storage Industry, Overview 24
5.3 Latvia Oil Storage Industry, Storage Operations 24
5.3.1 Latvia Oil Storage Industry, Total Storage Capacity 24
5.4 Latvia Oil Storage Industry, Storage Capacity by Major Companies 26
5.5 Latvia Oil Storage Industry, Storage Capacity Share by Area 27
5.6 Latvia Oil Storage Industry, Storage Capacity by Terminal 28
5.7 Latvia Oil Storage Industry, Asset Details 29
5.7.1 Latvia Oil Storage Industry, Active Asset Details 29
6 Latvia Oil and Gas Pipelines Industry 40
6.1 Latvia Oil Pipelines 40
6.1.1 Latvia Oil Pipelines, Key Data 40
6.1.2 Latvia Oil Pipelines, Overview 40
6.2 Latvia Oil and Gas Pipelines Industry, Petroleum Products Pipeline Length by Company 40
6.3 Latvia Oil and Gas Pipelines Industry, Petroleum Products Pipelines 42
6.4 Latvia Oil and Gas Pipelines Industry, Oil Pipelines Asset Details 43
6.4.1 Latvia Oil and Gas Pipelines Industry, Oil Pipelines Active Asset Details 43
6.5 Latvia Gas Pipelines 46
6.5.1 Latvia Gas Pipelines, Key Data 46
6.5.2 Latvia Gas Pipelines, Overview 46
6.6 Latvia Oil and Gas Pipelines Industry, Natural Gas Pipeline Length by Major Companies 46
6.7 Latvia Oil and Gas Pipelines Industry, Natural Gas Pipelines 48
6.8 Latvia Oil and Gas Pipelines Industry, Gas Pipelines Asset Details 49
6.8.1 Latvia Oil and Gas Pipelines Industry, Gas Pipelines Active Asset Details 49
7 Latvia Underground Gas Storage Industry 52
7.1 Latvia Underground Gas Storage Industry, Overview 52
7.2 Latvia Underground Gas Storage Industry, Gas Storage Capacity by Company 52
7.3 Latvia Underground Gas Storage Industry, Storage Capacity by Facility 53
7.3.1 Latvia Underground Gas Storage Industry, Storage Capacity by Active Facilities 53
7.4 Latvia Underground Gas Storage Industry, Asset Details 54
7.4.1 Latvia Underground Gas Storage Industry, Active Asset Details 54
8 Recent Contracts 55
8.1 Detailed Contract Summary 55
8.1.1 Awarded Contracts 55
9 Financial Deals Landscape 57
9.1 Detailed Deal Summary 57
9.1.1 Acquisition 57
10 Recent Developments 59
10.1 Other Significant Developments 59
10.1.1 Nov 09, 2016: Latvijas Gaze: 35 Million EUR Loan To Be Raised To Refinance Capital Investments 59
10.1.2 Oct 21, 2016: Latvijas Gaze: Regional Court Finds Latvijas Gaze To Have Exclusive Rights In Latvian Market By April 2017 59
10.1.3 Jul 29, 2016: LRT In The First Half Of The Year Transported 2.4 Million Tons 60
10.1.4 Apr 13, 2016: LRT In The First Quarter Transported 1.6 Million Tons 61
10.1.5 May 27, 2016: Latvijas Gaze Unaudited Financial Statements Of 3 Months Of 2016 62
10.1.6 Feb 05, 2016: LRT: In 2015 LRT Transhipped 4.7 Million Tons 64
10.1.7 Feb 05, 2016: In 2015 LRT Transhipped 4.7 Million Tons 65
11 Appendix 66
11.1 Abbreviations 66
11.2 Methodology 66
11.2.1 Coverage 66
11.2.2 Secondary Research 67
11.3 Disclaimer 67

1.1 List of Tables
Table 1: Oil Industry, Latvia, Historical and Forecast of Oil Consumption (mbd), 2000-2020 12
Table 2: Oil Industry, Latvia, Historical and Forecast of Oil Exports and Imports (mbd), 2000-2020 14
Table 3: Gas Industry, Latvia, Historical and Forecast of Gas Consumption (bcf), 2000-2020 17
Table 4: Gas Industry, Latvia, Historical and Forecast of Gas Imports (bcf), 2000-2020 19
Table 5: LNG Industry, Latvia, Total Regasification Capacity (bcf), 2011-2021 21
Table 6: LNG Industry, Latvia, Regasification Capacity by Company (bcf), 2011-2021 22
Table 7: LNG Industry, Latvia, Regasification Capacity (bcf), 2011-2021 22
Table 8: Oil Storage Industry, Latvia, Key Statistics, Dec 2016 24
Table 9: Oil Storage Industry, Latvia, Total Storage Capacity (mcm), 2011-2021 24
Table 10: Oil Storage Industry, Latvia, Storage Capacity by Major Companies (mcm), 2011-2021 26
Table 11: Oil Storage Industry, Latvia, Storage Capacity (mcm), 2011-2021 28
Table 12: Oil and Gas Pipelines Industry, Latvia, Oil Pipelines Key Statistics, Dec 2016 40
Table 13: Oil and Gas Pipelines Industry, Latvia, Petroleum Products Pipeline Length by Company (km), Dec 2016 40
Table 14: Oil and Gas Pipelines Industry, Latvia, Petroleum Products Pipelines, Dec 2016 42
Table 15: Oil and Gas Pipelines Industry, Latvia, Gas Pipelines Key Statistics, Dec 2016 46
Table 16: Oil and Gas Pipelines Industry, Latvia, Natural Gas Pipeline Length by Major Companies (km), Dec 2016 46
Table 17: Oil and Gas Pipelines Industry, Latvia, Natural Gas Pipelines, Dec 2016 48
Table 18: Underground Gas Storage Industry, Latvia, Gas Storage Capacity by Company (mmcf), Dec 2016 52
Table 19: Underground Gas Storage Industry, Latvia, Active Gas Storage Capacity (mmcf), Dec 2016 53
Table 20: Rumba ZRF (Scientific Production Company) Secures Contract Worth €0.49 Million (US$0.54 Million) From Latvijas Gaze 55
Table 21: Marguerite Gas Completes Acquisition Of 28.97% Stake In Latvijas Gaze From Uniper Ruhrgas For US$108.8 Million 57

1.2 List of Figures
Figure 1: Energy Industry, Latvia, Primary Energy Consumption Split by Fuel Type (%), 2015 10
Figure 2: Oil Industry, Latvia, Historical and Forecast of Oil Consumption (mbd), 2000-2020 13
Figure 3: Oil Industry, Latvia, Historical and Forecast of Oil Exports and Imports (mbd), 2000-2020 15
Figure 4: Gas Industry, Latvia, Historical and Forecast of Gas Consumption (bcf), 2000-2020 18
Figure 5: Gas Industry, Latvia, Historical and Forecast of Gas Imports (bcf), 2000-2020 20
Figure 6: LNG Industry, Latvia, Total Regasification Capacity (bcf), 2011-2021 21
Figure 7: Oil Storage Industry, Latvia, Total Storage Capacity (mcm), 2011-2021 25
Figure 8: Oil Storage Industry, Latvia, Storage Capacity by Major Companies (mcm), 2011-2021 26
Figure 9: Oil Storage Industry, Latvia, Storage Capacity Share by Area (%), 2016 27
Figure 10: Oil and Gas Pipelines Industry, Latvia, Petroleum Products Pipeline Length by Company (km), Dec 2016 41
Figure 11: Oil and Gas Pipelines Industry, Latvia, Natural Gas Pipeline Length by Major Companies (km), Dec 2016 47
Figure 12: Underground Gas Storage Industry, Latvia, Gas Storage Capacity by Company (mmcf), Dec 2016 53