Rig Tenders Indonesia Tbk (RIGS)
IDX IDX Primary Summary
RIGS Chart
Rig Tenders Indonesia Tbk (RIGS) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has Rig Tenders Indonesia Tbk ever had a stock split?
Rig Tenders Indonesia Tbk Profile
| Gas Utilities Industry | Utilities Sector | Mr. Nemunas Biknius CEO | IDX Exchange | ID1000098809 ISIN |
| Lithuania Country | 340 Employees | 8 Dec 2009 Last Dividend | - Last Split | - IPO Date |
Overview
AB Amber Grid is a vital component of Lithuania's energy infrastructure, focusing on the transmission of natural gas across the country. Incorporated in 2013 and stationed in the capital city of Vilnius, AB Amber Grid plays a pivotal role in ensuring the smooth operation, maintenance, and advancement of Lithuania's gas transmission infrastructure. As an essential subsidiary of EPSO-G UAB, the company's network is expansive, covering 2,288 km of gas transmission pipelines that stretch across the Republic, ensuring energy flows efficiently to various sectors of the economy. Through its diligent work, AB Amber Grid sustains the energy needs of diverse industries, including electricity, district heating, and the broader industrial sector, alongside catering to medium-sized local businesses and various natural gas suppliers.
Products and Services
AB Amber Grid delivers a comprehensive suite of services and operates critical installations crucial for the transmission of natural gas. These entail:
- Gas Transmission Pipelines: The backbone of AB Amber Grid's operations, consisting of 2,288 km of pipelines. These pipelines are instrumental in transporting natural gas across Lithuania, ensuring a stable and reliable supply to various sectors.
- Gas Compressor Stations: Essential for maintaining the pressure and flow of natural gas through the transmission pipelines, ensuring gas reaches its destination efficiently. The company operates 2 such facilities, equipped with cutting-edge technology to support its transmission network.
- Gas Metering and Distribution Stations: With 64 distribution and 4 metering stations, AB Amber Grid precisely measures and facilitates the distribution of natural gas. These stations are critical for accurate billing and the efficient allocation of resources to the company's clients.
- Anti-corrosion Equipment: Protecting the extensive network of pipelines is paramount. AB Amber Grid employs sophisticated anti-corrosion technology to safeguard the integrity and longevity of its infrastructure, ensuring uninterrupted service.
- Data Transmission and Communication Systems: A modern and robust infrastructure requires equally advanced communication and data systems. AB Amber Grid utilizes these systems for operational efficiency, security, and to enhance decision-making processes across its network.
