Transportadora de Gas del Sur S.A. Overview
Pro stress-test →TGS is the largest gas supplier in Argentina, operating the biggest pipeline system of the country and of Latin America transporting 60% of the total natural gas consumed and supplies directly to distributors, electric generators and industries. The company was established on December 28, 1992 after the privatization of the Argentine energy sector.
Strategic Profile
Pro stress-test →The company operates through four segments: Natural Gas Transportation Services; Liquids Production and Commercialization; Midstream; and Telecommunications. TGS also distributes liquefied natural gas (LNG) and operates the General Cerri complex in Buenos Aires Province dedicated to the recovery of ethane, propane, butane, natural gasoline, and NGL.
Competitive Landscape
Pro stress-test →TGS is 51% controlled by Compañía de Inversiones de Energía S.A. (CIESA), which is under co-control of Petrobras Argentina S.A., with local and foreign investors holding remaining ownership. As the dominant pipeline operator in Argentina, TGS faces limited direct competition but operates in Argentina's regulated natural gas market alongside Transportadora de Gas del Norte in the northern region.
Industry Context
Transportadora de Gas del Sur S.A. operates in Oil & Gas - Natural Gas Transportation and Midstream.
Key facts
Founded: 1992 · Headquarters: Buenos Aires, Argentina · Market cap: $5.3B