Latvia Stability Programme Report
KEY EVENTS IN 2022
1
On January 27 The Law on Measures to Reduce the Extraordinary Increase in Energy
Prices was adopted (measures to end users and targeted social groups were
implemented until 30 April 2022)
2
On April 12 the Government approved Latvia's Stability Programme for 2022-2025
On April 19 the Government supported the development a floating liquefied natural
3 gas (LNG) terminal in Paldiski, a project implemented by Estonia together with
Finland, as well as the construction of a LNG terminal in Latvia
4
On June 21 the Cabinet of Ministers approved additional support measures in total
ammoun of 350.2 Milj. EUR for reducing the impact of energy prices and inflation
(measures adopted for heating season in 2022/2023)
5
On July 14 the Parliament adopted amendments to the Energy Law, which stipulates a
ban on natural gas supplies from Russia starting from January 1, 2023.View entire presentation