06.03.2026
The modernized LPG terminal was opened today at the Port of Riga
The modernized LPG terminal was opened today at the Riga port, strengthening the region's energy supply chainThe infrastructure of the modernized LPG terminal of SIA Latvijas Propāna Gāze was opened at the Riga port, allowing for the reception of large liquefied gas tankers from across the Atlantic and strengthening the liquefied gas supply chain to the Baltic and Eastern European markets.Approximately 10 million euros were invested in the development of the terminal. The company is part of the investor group of the Estonian B2G Group and the international raw material company Trafigura. B2G Group is part of the Estonian capital-based AVH Group, which also includes Alexela: the energy company with the widest range of energy services in Estonia.The modernized infrastructure allows the Riga port to serve large LPG tankers bringing liquefied gas from transatlantic markets. During the official opening, the 180-meter-long tanker CERRO ALTO EXPLORER, carrying 20,000 tons of liquefied propane from the United States, was present at the port.The first shipment from the west arrived in Riga at the end of 2024 from Sweden, and the first ships from the USA arrived in 2025. The modernization of the terminal solidifies Riga's role as an important liquefied gas logistics center, from which deliveries move on to the Baltic States, Scandinavia, and Central and Eastern Europe.Heiti Hääl: Energy security requires diverse supply chainsHeiti Hääl, Chairman of the Board and main shareholder of Latvijas Propāna Gāze: “In recent years, geopolitical changes have shown how important a diverse and reliable energy supply chain is. The modernization of the Riga port terminal enables the import of liquefied gas from Western countries and ensures its supply to the Baltic, Central and Eastern European markets.As an Estonian investor, we have been developing strategic energy projects for more than 30 years. During this time, AVH Group has grown Alexela into one of the companies with the largest energy services portfolios in Estonia, invested in the LNG terminal in Hamina, Finland, and now also in LPG infrastructure in Riga.”As part of the terminal modernization, a 780-meter gas pipeline was built between the deep-water quay and the terminal, along with a modern technological complex for LPG handling and a multi-level automated security system.
