News

LPG_terminala_atklasana

08.03.2026

Modernised LPG Terminal Opened in the Port of Riga – AVH Group and Alexela Strengthen Baltic Energy Security

A modernised liquefied propane gas (LPG) terminal has been opened in the Port of Riga, enabling regular transatlantic gas deliveries from the United States. It is currently the only terminal of its kind in the Baltic States and represents a significant investment in strengthening the region’s energy security and supply diversification. The total project investment amounts to EUR 10 million and was implemented by SIA Latvijas Propāna Gāze, whose shareholders include Estonia’s B2G Group. B2G Group is part of the AVH Group, which also includes Alexela — one of the leading energy companies in the Baltic region with a broad portfolio of products and infrastructure.Modern and Safe LPG Handling InfrastructureThe upgraded infrastructure enables the Port of Riga to receive and service large transatlantic LPG tankers. The launch of regular deliveries was marked by the arrival of the 180 metre vessel CERRO ALTO EXPLORER, which delivered 20,000 tonnes of LPG from the United States at the end of February. It is expected that up to 400,000 tonnes of LPG will be handled through Riga in 2026, further strengthening the city’s role as a key regional energy logistics hub.The terminal modernisation included the construction of a 780 metre gas pipeline from the deep water berth to the terminal, as well as the development of a new technological complex ensuring safe LPG warming and processing. A multilayer automated safety system has been introduced, significantly increasing operational safety and reducing the likelihood of human error. Additionally, railway infrastructure has been expanded, enabling more efficient cargo flow across the Baltic states, while road transport from the Port of Riga now reaches markets in Poland, Ukraine and Northern Europe.AVH Group and Alexela’s Contribution to Regional DevelopmentAVH Group and Alexela continue to invest long term in projects that enhance energy resilience in the Baltic and Nordic regions. Alongside Alexela’s extensive energy business, the group’s portfolio includes strategically important infrastructure investments, such as the LNG terminal in Hamina, Finland, and now the development of the LPG terminal in Riga.According to Heiti Hääl, Chairman of the Supervisory Board of SIA Latvijas Propāna Gāze and principal shareholder of the AVH Group, the Port of Riga project is a significant step toward improving regional energy security and ensuring stable future supply chains.Riga Becomes a Strategic Energy Hub in the Baltic Sea RegionAs a result of the modernisation, the Port of Riga is emerging as one of the most strategically important logistics points in the Baltic Sea region, providing broader opportunities for the Latvian economy as well as neighbouring markets. Looking ahead, SIA Latvijas Propāna Gāze plans to continue the terminal’s development, including increasing its LPG storage capacity. 

alexela_rogainigs_MTB_2026

04.03.2026

New Power and Smart Decisions: Alexela Latvija Becomes Official Supporter of the "Legend Rogaining" MTB Distance

We are convinced that every individual victory is rooted in strong support. That is why, for the 2026 season, Alexela Latvija is becoming the official partner of the "Legend Rogaining" 3h MTB distance. Although MTB is the only discipline where participants compete individually, we know that no great goal is ever achieved entirely alone.Rogaining is more than just a physical challenge. It is a discipline that requires smart planning, the courage to choose your own path, and the ability to maintain power until the very last checkpoint. The MTB distance demands the highest level of individual focus and smart planning. Yet even the strongest rider needs a "support team" – the family cheering at the start, the friends waiting at the finish line, and the colleagues who inspired the challenge.We are your "team" – both at the competition hub and in your daily lifeWe will bring the values of Alexela Latvija – to empower and support one another – to life at the competition center. While MTB riders showcase their individual character and power on the track, we invite their families, friends, and colleagues to gather at our tent. Here, everyone is welcome to enjoy a comfortable rest, plan their routes, or charge their smart devices before the start.We believe that working together – supporting and motivating each other – is one of the greatest "prizes" such an event offers. Emotional fulfillment is what provides the strength for future victories.Prizes to maintain your powerWe know that every achievement deserves recognition. Therefore, at each stage of the competition, Alexela Latvija will award the top three finishers of the MTB distance with specially curated prizes designed to help maintain power and energy for future goals.But the surprises don’t end there! At the end of the season, we will present a Grand Prize focused on complete relaxation. We believe that after a high-powered season, it is essential to "recharge your batteries," recover your strength, and peacefully prepare for the new season ahead.Find the competition calendar and register to participate.See you on the track, where smart decisions and collective energy create legends! 

elastigais_tarifs_sirdsmieram

05.02.2026

Are electricity prices stressful? The FLEXIBLE tariff is a smart solution that reduces stress for households

For many Latvian residents, electricity prices are currently one of the biggest sources of stress. Heating, lighting, household appliances - a normal life is unimaginable without electricity, but bills continue to grow, so more and more households are looking for more profitable solutions.Until now, the choice was difficult: either take a risk with the exchange price, which can change every 15 minutes, or tie yourself to a fixed contract for a year or even longer. Alexela offers a unique solution on the Latvian market - the FLEXIBLE tariff, which allows you to feel safer without losing your freedom.Controlled electricity pricesThe FLEXIBLE tariff is an electricity tariff without long-term commitments, with a fixed price for one month. This means that you know exactly how much electricity will cost in a given month and can plan your expenses with peace of mind.An important advantage is clarity and predictability - the price for the next month is announced on the 1st of the previous month. This helps to avoid unpleasant surprises and unnecessary stress.Key benefits of Alexela's unique offerBy choosing this tariff, the consumer gains several significant benefits:Complete freedom – no early termination fees. You can change or deactivate the tariff plan at any time without penalty.Stress-free stability – the price does not change during the month. You do not have to follow stock market fluctuations or worry that the bill may unexpectedly increase.Long-term profitability – statistically, this solution allows you to get a better price than long-term fixed contracts, as the system quickly adapts to market changes.Price transparency – all information is available on the Alexela website in a timely manner.This solution means less worry in everyday life, so it is especially suitable for households that want to control their budget.Tariff comparison: why a FLEXIBLE tariff is the best choiceA market tariff means constant price fluctuations - one price today, another tomorrow. This can be beneficial in the short term but often creates uncertainty and difficulties in budget planning. On the other hand, a traditional fixed tariff provides stability but locks you into one price for a long time, even if the market situation becomes more favourable.A monthly fixed approach is a smart choice for households. The price is stable throughout the month, but at the same time you are not tied to a long-term contract. If prices in the market decrease, the benefit appears the next month. It is a safe and understandable choice for those who want peace of mind, not constant worries about bills.FLEXIBLE tariff – less stress, more clarityIf you value security but don’t want to tie yourself to a fixed long-term contract, this solution is the golden mean, created just for you. It helps you control electricity prices, plan your expenses and live more peacefully.Billing is based on actual electricity consumption, not flat-rate payments. This means you only pay for what you actually use.Changing or connecting to a tariff takes place on the first day of the calendar month, without complicated processes, unnecessary formalities and penalties.Learn more and connect to this advantageous FLEXIBLE tariff today.

23.11.2023

"Alexela Latvia" publishes electricity and natural gas forecast report for the first quarter of the year

Experts from "Alexela Latvia" in electricity and natural gas released today an "Energy and Natural Gas Market Overview," summarizing the events and trends in the electricity and natural gas markets for the last quarter of the previous year and providing forecasts for the first quarter of this year. In the closing quarter of the previous year, average monthly prices remained at a similar level to the previous period, but significant fluctuations were observed on a weekly basis. During this period, the average weekly electricity prices fluctuated around ~100 EUR/MWh. In November, a price increase of up to 20% was recorded, mainly associated with an increase in consumption and a rapid temperature drop in the NordPool region, as well as unplanned outages of Finland's Olkiluoto 3 nuclear power plant. Experts predict that hydrological conditions in Scandinavia and Latvia will influence prices in the first quarter of 2024. The rapid drop in water reservoir levels in Scandinavia, already experiencing a deficit, will impact future prices. The stable operation of nuclear power plants will be crucial, and during periods of high demand, interruptions in their operation can cause price jumps. Weather forecasts, including wind energy and the operation of fossil fuels, will continue to significantly impact the overall dynamics of energy prices. "The current hydrological situation in Scandinavia and Latvia is crucial as it may create challenges in the energy market. The importance of hydroelectric power to the stability of the overall energy system will only increase in the coming months. Meanwhile, the operation of nuclear power plants will be a factor determining price stability, especially during periods of high demand," said Edgars Legzdiņš, an energy expert and Corporate Customer Relations Manager at "Alexela Latvia." Analyzing natural gas trends, one of the most significant elements is the relationship between supply and demand, which has changed dynamics, especially compared to the third quarter of the previous year. Geopolitical aspects were overshadowed this time by other stronger factors—Norway's pipeline gas exports reached record highs in December, and the United States continued massive exports to Europe due to weak Asian demand and restrictions on the Panama Canal preventing the U.S. from sending gas to Asia. A warm start to the winter in Europe in 2023 reduced natural gas consumption. "The growing volumes of wind generation in electricity production helped reduce natural gas consumption. Overall, in determining the price for the fourth quarter, the decisive factor was European natural gas inventories, which, although decreased after reaching record highs in November, are still very high, providing a convincing guarantee of sufficient natural gas for Europe this winter," said Legzdiņš. "The macroeconomic situation currently does not put pressure on natural gas demand, and industry experts give optimistic forecasts for European natural gas inventories at the end of the heating season.   You can get acquainted with the current "Energy Market Review" on the company's official YouTube platform.

Maris Avotrins small

10.10.2023

Alexela Expands Its Operations to the Latvian Energy Market

Alexela, a leading energy company and green innovator in Estonia, has announced its expansion into the Latvian energy market, solidifying its commitment to providing sustainable energy solutions. With a history of over three decades, Alexela has evolved from a fuel station operator into a diversified energy group offering a wide range of energy products and services. The company will now enter the Latvian market to offer services to corporate and private customers. Marti Hääl, Chairman of the Board at Alexela, emphasized the strategic importance of this expansion. "Entering the Latvian market is a significant step for Alexela. We are dedicated delivering high-quality energy solutions and establishing long-lasting partnerships in Latvia." With this expansion, Alexela reaffirms its commitment to driving innovation and sustainability in the energy sector and looks forward to contributing positively to the Latvian energy landscape. Alexela is offering a range of customized offers for corporate and private clients in Latvia. These offerings encompass both natural gas and electricity solutions, providing flexibility to suit varying business needs. Corporate clients will have the option to choose between fixed-rate plans and market-price-based plans, ensuring that they have access to the most suitable and cost-effective energy solutions. This diverse range of options ensures that customers have the flexibility to choose the plan that best aligns with their energy needs and preferences. Alexela is intended to upgrade the private individual offering in early 2024. “As the energy sector continues its transformation from fossil to renewable energy resources, it has also contributed to a volatile market environment. We believe that the arrival of a new player in Latvia's energy sector and Alexela's "one-stop-shop" approach will be a positive signal to both home and business energy needs, contributing to more stable and predictable pricing options as well as “stressless” consumer-focused and tailored solutions,” said Māris Avotiņš, Country Manager of Alexela in Latvia. Alexela is Estonian green innovator that develops a sustainable network of service stations through the creation of filling up facilities for biomethane, LNG, electricity, and hydrogen already in 2024. Alexela provides its customers in Estonia, Latvia and Finland with a unique range of everyday energy products, such as electricity, natural gas, cylinder and tank gas, as well as car fuels in more than 100 service stations across Estonia. In addition, the company has 40 convenience stores in Estonia, renewable energy production and storage projects already operating and under development with a volume of nearly 1,000 MW, as well as an onshore LNG terminal in Finland. The energy group employs 480 people.

03.10.2023

Rasmus, Community Program Participant: The amount invested in planting trees is so small compared to how good it is for nature

"The idea that with each refueling together with Alexela I make a small contribution to the Estonian forest is cool. And to be honest, I've pretty much only refueled there since joining. Just because of the principle," admits Rasmuss Rīmans, a loyal member of the Alexela community program. The man has been an Alexela client for the past five years and in the community program for just over three years. Why trees? In addition to preserving the greenery of the house, planting trees is especially related to the well-being of the environment. An average-sized tree can remove about 600 kilograms of carbon dioxide from the atmosphere during its lifetime. In other words, trees symbolize our pure nature. But it all works thanks to the community members who are added every day. "Such an event is actually very noble. Planting trees is a great way to help the environment and the ecosystem," says Rasmus. He himself saw the ad while filling up at Alexela and searched for more information on the Internet when he got home. After many years of participating in the program, he has recommended it to work, friends and family - hopefully some of these people have started contributing to tree planting. He is very happy with the community program and is happy that more and more people are joining. “I remember when I started, we were still a handful. I recently checked and it already has over 50,000 members and over a million plants. Not a bad result," he says. Even small investments have a positive impact on the environment According to Rasmus, Estonians are aware of the topic of saving the environment, but little is invested. “Although I can see that things are slowly improving. I hope that with such small contributions, everything will change for the better, and the laziest will also start treating the environment more sparingly,» he says. He himself actively tries to save nature. "I try to create as little waste as possible. If it still hurts to wear or use the thing, I will. Recycling has become very popular in our family. If we have to buy something, we try to choose better quality things, because then we don't waste useless energy on fixing things and we don't have to buy new ones soon. I would like to consume less plastic in the future, but it is still quite difficult at times. But I believe that with the changes in society it will also become easier," says the man. Rasmus loves going to the forest and hopes that people will be able to enjoy such magic in the future. "It's nice to know that there are forests in Estonia where you can take a nice walk. Besides beauty, it is good health for us. The greener the environment we are in, the healthier we are. You can't breathe in these city sneakers day after day." First goal: one thousand trees planted! That's why Rasmus is very happy to plant his trees through Alexela's community program. His trees have so far been planted in the Western District. "The reason is simple. It is there, because at the time of entry, the fewest trees were planted there," he says. Until September, Rasmus has, so to speak, planted 742 trees on his account, and their number is growing rapidly. "Initially, it would be nice to see the first thousand, but from there we'll try to get to 10,000 someday," he promises. Rasmus hopes that more and more people will join the Alexela community program. “Letting people know that a small donation can actually go a long way. The amount you invest in planting trees is small compared to how beneficial it is to nature. However, with sufficient information work, information also reaches people. We are used to consuming, but now it's really high time to give back a little," he says.