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Transportadora de Gas del Sur S.A.

 
Hoover's Profile: Transportadora de Gas del Sur S.A.
(NYSE:TGS) (Buenos Aires:TGSU)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Transportadora de Gas del Sur S.A.
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: 870
Employee growth: 4.9%

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 (CIESA), which is itself controlled by PETROBRAS.

Key numbers for fiscal year ending December, 2008:
Sales: $410.6M
One year growth: 2.9%
Net income: $50.7M
Income growth: 8.2%

Officers:
CEO: Carlos Seijo
VP Operations: Jorge Bonetto
CFO: Gonzalo Castro Olivera

Competitors:
El Paso
E.ON U.S.
YPF

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