Latvian government agrees to provide object of national interest status to Skulte LNG terminal

On Tuesday, 30 August, Latvia’s government agreed to provide object of national interest status to Skulte liquefied natural gas terminal (LNG), as journalists were told by Prime Minister Krišjānis Kariņš after the meeting.
At the beginning of June the government ordered the Ministry of Economy to perform an in-depth evaluation of LNG terminal projects: the Skulte LNG Terminal JSC in Saulkrasti and Kundziņsalas dienvidu projekts LLC in Riga. The ministry had until 31 August to submit to the Cabinet of Ministers reports with independent consultants’ conclusions regarding the two projects’ compliance with Latvia’s national and economic interests.
Skulte LNG Terminal was registered in 2016. The company’s website mentions that the company’s beneficial owners are Arnfins Unums and Pēteris Ragaušs. In May 2022 fuel trader Virši-A JSC announced the acquisition of 20% of shares of Skulte LNG Terminal.
Kundziņsalas dienvidu projekts LLC was registered in 2010. The company’s sole owner is U.S. company Millennium Energy Partners LLC. Its beneficial owner is one Laša Šanidze.
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