Baltic States: Eesti Gaas permitted to buy natural gas distribution network in Latvia

The Latvian government and Competition Council have approved Eesti Gaas’ acquisition of Gaso, a subsidiary of Latvijas Gaze, the Latvian natural gas distribution network. Infortar, the proprietor of Eesti Gaas, has been waiting for this permission before making preparations to go public. Eesti Gaas agreed to buy Latvijas Gaze’s subsidiary Gaso in mid-April, with the…