Can private companies import crude oil into Latvia?

No refinery. Ventspils Nafta historical Russian crude transit terminal — operations significantly reduced post-2022. Riga and Ventspils ports remain key Baltic petroleum-storage hubs.

Are refined products (diesel, fuel oil, gasoline) tradeable by private importers in Latvia?

Net product importer; Riga storage cluster.

Does OilFlow screen counterparties against Latvia regulations?

Yes. The same rule table shown on this page ships in the Regulatory Matrix API; counterparty checks destined for Latvia are gated against these rules automatically.

All countries

Regulatory

Latvia — oil import rules

These are the same rules the Regulatory Matrix API serves for Latvia-bound trade: which products private parties can move, which run through a government or monopoly route, and which are closed outright.

Open to private trade4

Restricted0

Blocked0

Compiled regulatory guidance from OilFlow Network, not legal advice. Rules change; confirm with the relevant national regulator before structuring a deal.

Product-by-product

Crude oilALLOWED: Allowed for private tradeNo refinery. Ventspils Nafta historical Russian crude transit terminal — operations significantly reduced post-2022. Riga and Ventspils ports remain key Baltic petroleum-storage hubs.
Refined products (diesel, fuel oil, gasoline, jet)ALLOWED: Allowed for private tradeNet product importer; Riga storage cluster.
LPGALLOWED: Allowed for private tradeLicence required: moe_license.
LNGALLOWED: Allowed for private tradeInčukalns underground gas storage (regional Baltic strategic asset). Klaipėda FSRU (Lithuania) via Baltic pipeline.

Frequently asked

Can private companies import crude oil into Latvia?: No refinery. Ventspils Nafta historical Russian crude transit terminal — operations significantly reduced post-2022. Riga and Ventspils ports remain key Baltic petroleum-storage hubs.
Are refined products (diesel, fuel oil, gasoline) tradeable by private importers in Latvia?: Net product importer; Riga storage cluster.
Does OilFlow screen counterparties against Latvia regulations?: Yes. The same rule table shown on this page ships in the Regulatory Matrix API; counterparty checks destined for Latvia are gated against these rules automatically.

Use this jurisdiction

These rules ship in the Regulatory Matrix API, from $99/mo. Bank compliance teams hit /api/v1/regulatory/check to gate counterparty intake automatically; subscribers get webhooks on every rule change. Screening a specific counterparty into Latvia? Run a free check first.