Leaders of Baltic nations and their partners in the regional gas market have been increasingly signaling an end to Russian gas imports in support of a besieged Ukraine, but one of the area’s gas importers is raising red flags.

Germany


A/S Latvijas Gāze, a Latvian importer and trader of natural gas, released a statement April 13 trying to clarify how the largest natural gas company in the country could adapt to a sudden roadblock to its largest gas supply source.

What Latvijas Gāze knows about the path ahead at this point is little, as it doesn’t “have a concrete plan” from the country’s economic leadership. The company said it’s unclear how exactly a halt to Russian gas would take place.

What is clear, according to the firm, is that its gas reserves and future price...