1 Table of Contents 1 Table of Contents 1 1.1. List of Tables 4 1.2. List of Figures 5 2. Introduction 6 2.1. What is This Report About? 6 2.2. Market Definition 6 3. Latvia Energy Sector 8 3.1. Latvia Energy Sector, Market Overview 8 3.2. Latvia Energy Sector, Gas 9 3.2.1. Latvia Gas, Overview 9 3.2.2. Latvia Gas, Supply and Demand Balance 9 4. Latvia LNG Industry 14 4.1. Latvia LNG Industry, Regasification 14 4.1.1. Latvia LNG Industry, Regasification, Overview 14 4.1.2. Latvia LNG Industry, Total Regasification Capacity 14 4.2. Latvia LNG Industry, Regasification Capacity by Company 15 4.3. Latvia LNG Industry, Regasification Capacity by Terminal 16 4.4. Latvia LNG Industry, Regasification Asset Details 17 4.4.1. Latvia LNG Industry, Regasification Planned Asset Details 17 5. Latvia Oil Storage Industry 19 5.1. Latvia Oil Storage Industry, Key Data 19 5.2. Latvia Oil Storage Industry, Overview 19 5.3. Latvia Oil Storage Industry, Storage Operations 19 5.3.1. Latvia Oil Storage Industry, Total Storage Capacity 19 5.4. Latvia Oil Storage Industry, Storage Capacity by Major Companies 21 5.5. Latvia Oil Storage Industry, Storage Capacity Share by Area 23 5.6. Latvia Oil Storage Industry, Storage Capacity by Terminal 24 5.7. Latvia Oil Storage Industry, Asset Details 25 5.7.1. Latvia Oil Storage Industry, Active Asset Details 25 6. Latvia Oil and Gas Pipelines Industry 42 6.1. Latvia Oil Pipelines 42 6.1.1. Latvia Oil Pipelines, Key Data 42 6.2. Latvia Oil Pipelines, Overview 42 6.3. Latvia Oil and Gas Pipelines Industry, Petroleum Products Pipeline Length by Company 42 6.4. Latvia Oil and Gas Pipelines Industry, Petroleum Products Pipelines 44 6.5. Latvia Oil and Gas Pipelines Industry, Oil Pipelines Asset Details 45 6.5.1. Latvia Oil and Gas Pipelines Industry, Oil Pipelines Active Asset Details 45 6.6. Latvia Gas Pipelines 49 6.6.1. Latvia Gas Pipelines, Key Data 49 6.7. Latvia Gas Pipelines, Overview 49 6.8. Latvia Oil and Gas Pipelines Industry, Natural Gas Pipeline Length by Major Companies 49 6.9. Latvia Oil and Gas Pipelines Industry, Natural Gas Pipelines 51 6.10. Latvia Oil and Gas Pipelines Industry, Gas Pipelines Asset Details 52 6.10.1. Latvia Oil and Gas Pipelines Industry, Gas Pipelines Active Asset Details 52 7. Latvia Underground Gas Storage Industry 56 7.1. Latvia Underground Gas Storage Industry, Overview 56 7.2. Latvia Underground Gas Storage Industry, Storage Capacity by Company 56 7.3. Latvia Underground Gas Storage Industry, Storage Capacity by Site 58 7.3.1. Latvia Underground Gas Storage Industry, Storage Capacity by Active Sites 58 7.4. Latvia Underground Gas Storage Industry, Asset Details 59 7.4.1. Latvia Underground Gas Storage Industry, Active Asset Details 59 8. Recent Contracts 61 8.1. Detailed Contracts Summary 61 8.1.1. Awarded Contracts 61 9. Financial Deal Landscape 63 9.1. Detailed Deal Summary 63 9.1.1. Acquisition 63 10. Recent Developments 66 10.1. Other Significant Developments 66 10.1.1. Jun 26, 2017: Gas From Lithuanian LNG Terminal Will Be Stored In Latvian Incukalns Storage Facility For First Time 66 10.1.2. Mar 13, 2017: European Commission Invites Comments On Gazprom Commitments Concerning Central And Eastern European Gas Markets - Benefits For Latvian Gas Market 67 11. Appendix 69 11.1. Abbreviations 69 11.2. Methodology 69 11.2.1. Coverage 69 11.2.2. Secondary Research 69 11.3. Contact Us 70 11.4. Disclaimer 70

1.1 List of Tables Table 1: Gas Industry, Latvia, Historic and Forecast of Gas Consumption (bcf), 2010-2022 10 Table 2: Gas Industry, Latvia, Historic and Forecast of Gas Imports (bcf), 2010-2022 12 Table 3: LNG Industry, Latvia, Total Regasification Capacity (bcf), 2012-2022 14 Table 4: LNG Industry, Latvia, Regasification Capacity by Company (bcf), 2012-2022 15 Table 5: LNG Industry, Latvia, Regasification Capacity (bcf), 2012-2022 16 Table 6: Oil Storage Industry, Latvia, Key Statistics, Nov 2017 19 Table 7: Oil Storage Industry, Latvia, Total Storage Capacity (mcm), 2012-2022 19 Table 8: Oil Storage Industry, Latvia, Storage Capacity by Major Companies (mcm), 2012-2022 21 Table 9: Oil Storage Industry, Latvia, Storage Capacity (mcm), 2012-2022 24 Table 10: Oil and Gas Pipelines Industry, Latvia, Oil Pipelines Key Statistics, Nov 2017 42 Table 11: Oil and Gas Pipelines Industry, Latvia, Petroleum Products Pipeline Length by Company (km), Nov 2017 42 Table 12: Oil and Gas Pipelines Industry, Latvia, Petroleum Products Pipelines, Nov 2017 44 Table 13: Oil and Gas Pipelines Industry, Latvia, Gas Pipelines Key Statistics, Nov 2017 49 Table 14: Oil and Gas Pipelines Industry, Latvia, Natural Gas Pipeline Length by Major Companies (km), Nov 2017 49 Table 15: Oil and Gas Pipelines Industry, Latvia, Natural Gas Pipelines, Nov 2017 51 Table 16: Underground Gas Storage Industry, Latvia, Storage Capacity by Company (mmcf), Nov 2017 56 Table 17: Underground Gas Storage Industry, Latvia, Active Gas Storage Capacity (mmcf), Nov 2017 58 Table 18: Rumba ZRF Secures Contract Worth €0.49 Million (US$0.54 Million) From Latvijas Gaze 61 Table 19: Martank Acquires 51% Stake In Ventspils Nafta terminals From Ventspils Nafta For US$49.6 Million 63 Table 20: Areti International Plans To Acquire Stake In Latvijas And Conexus Baltis From Itera Latvija 64 1.2 List of Figures Figure 1: Energy Industry, Latvia, Primary Energy Consumption Split by Fuel Type (%), 2016 8 Figure 2: Gas Industry, Latvia, Historic and Forecast of Gas Consumption (bcf), 2010-2022 11 Figure 3: Gas Industry, Latvia, Historic and Forecast of Gas Imports (bcf), 2010-2022 13 Figure 4: LNG Industry, Latvia, Total Regasification Capacity (bcf), 2012-2022 15 Figure 5: Oil Storage Industry, Latvia, Total Storage Capacity (mcm), 2012-2022 20 Figure 6: Oil Storage Industry, Latvia, Storage Capacity by Major Companies (mcm), 2012-2022 22 Figure 7: Oil Storage Industry, Latvia, Storage Capacity Share by Area (%), 2017 23 Figure 8: Oil and Gas Pipelines Industry, Latvia, Petroleum Products Pipeline Length by Company (km), Nov 2017 43 Figure 9: Oil and Gas Pipelines Industry, Latvia, Natural Gas Pipeline Length by Major Companies (km), Nov 2017 50 Figure 10: Underground Gas Storage Industry, Latvia, Storage Capacity by Company (mmcf), Nov 2017 57