Transportadora de Gas del Sur

Infobox_Company
company_name = Transportadora de Gas del Sur
company_type = Joint stock company BUE:TGSU NYSE|TGS
company_
company_slogan =
foundation = December 28, 1992
location = flagicon|Argentina Buenos Aires, Argentina
key_people = Joao Ferreira Bezerra de Souza, Chairman of the board
Mariano Pablo Gonzalez, Vice Chairman of the Board
Gonzalo Castro Olivera, Chief Financial and Administrative Officer

num_employees = 644 (as of 2007)
revenue = profit ARS 1,309.50 M (2007, ~US$413.26 M) [Revenue, Net Income and Number of Employees according to [http://finance.google.com/finance?q=TGSU Google finance] ]
net_income = profit ARS 347.40 M (2007, ~US$109.63 M)
industry = Natural gas extraction| products = Natural gas, LNG
owner = .
*Companía de Inversiones de Energía S.A. (55.3%)
*D.E. Shaw (15.2%)
*NYSE & Argentinian Stock Exchange (29.5%) | subsid =
homepage = [http://www.tgs.com.ar/eng/default.asp www.tgs.com.ar]
foot_notes =

Transportadora de Gas del Sur (English: Gas Transporter of the South) is the biggest Natural Gas extractor in Argentina.

History

TGS was established on December 28, 1992 after the privatization of the Argentinian energy sector, it was part of Gas del Estado, divided later on Transportadora de Gas del Sur and Transportadora de Gas del Norte

Operations

Is the biggest gas supplier in Argentina, operating the biggest pipeline system of the country and of Latin America transporting the 60% of the total Natural gas consumed and supplies directly to distributors, electric generators and industries. The maximum capacity is of 74.265.500 m3 a day, with an extension of 7.972 km of Pipeline transport and a maximum potency of 579.090 HP.TGS also distributes Liquefied natural gas (LNG), Operating in the General Cerri complex in Buenos Aires Province. Telcosur S.A., another bussines company owned by TGS is dominating the telecommunications market in rural areas providing industries and facilities. [History, technical details, pipeline information and products according to [http://www.tgs.com.ar www.tgs.com.ar] ]

General Cerri Complex

Located in Buenos Aires Province the General Cerri Complex is dedicated to the recovery ethane, propane, butane, natural gasoline and NGL.All the products recovered are dispatched to Galván Harbor a near facility were are stored or loaded in trucks or ships for distribution.The General Cerri Complex Produces 40% of the company income.

Pipelines

TGS has three pipelines that produce 60% of the company income the largest is the San Martin that provides with natural gas Tierra del Fuego Province, Chubut province, Rio Negro Province, Neuquén Province and Buenos Aires Province while the other two provide Neuquén Province, La Pampa Province and Buenos Aires Province.

Sources


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