Transportadora de Gas del Sur S.A.
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Transportadora de Gas del Sur S.A.
(NYSE:TGS)
(Buenos Aires:TGSU)
|
Don Bosco 3672, 6th Fl. C1206ABD Buenos Aires, Argentina Tel. +54-11-4865-9050 Fax +54-11-4865-7154 |
Type: Public
On the web:
http://www.tgs.com.ar
Employees:
900
Employee growth: 1.0%
Transportadora de Gas del Sur (TGS), transports natural gas down south, in Argentina. The company delivers about 60% of natural gas used in Argentina through the nation's largest pipeline system (more than 4,700 miles). Formerly state-run, TGS holds an exclusive license to transport gas from southern and western Argentina to distributors nearby and Buenos Aires. TGS's gas services include natural gas liquids (NGL) treatment, processing, and marketing. It has built and operates a fiber-optic telecommunications network. The firm is controlled by Compañía de Inversiones de Energía. In 2011 Pampa Energia acquired control of the company.
Key numbers for fiscal year ending December, 2011:
Sales: $425.5M
One year growth: 2.4%
Net income: $52.9M
Income growth: 106.0%
Officers:
CEO: Carlos Seijo
Manager Operations: Benjamin Guzmán
CFO: Gonzalo Castro Olivera
Competitors:
El Paso Corporation
Telecom Argentina
YPF
