Profile: Transportadora de Gas del Sur SA (TGS.N)
Transportadora de Gas del Sur S.A. (TGS), incorporated on December 1, 1992, is engaged in the transportation of natural gas, and production and commercialization of natural gas liquids (Liquids). The Company operates through four segments: Natural Gas Transportation Services, Liquids Production and Commercialization, Other Services and Telecommunications. The Company's pipeline system connects natural gas fields in southern and western Argentina with natural gas distributors and industries in those areas and in the greater Buenos Aires area. TGS also provides midstream services, which consist of gas treatment, removal of impurities from the natural gas stream, gas compression, wellhead gas gathering and pipeline construction, operation and maintenance services. The Company also provides telecommunications services through the subsidiary Telcosur S.A. (Telcosur). These services consist of data transmission services through a network of terrestrial and digital radio relay.
Natural Gas Transportation Services
The Company's Natural Gas Transportation segment includes pipeline capacity, which is reserved and paid, regardless of actual usage by the slipper. The Company also provides natural gas transportation services. In addition, TGS renders operation and maintenance services for the natural gas transportation facilities, which belong to certain gas trusts (fideicomisos de gas). Its customers include distribution companies, power plant operators, industries, producers, traders and natural gas end users.
Liquids Production and Commercialization
The Company's Liquids Production and Commercialization segment consists of natural gas processing activities conducted at the Cerri Complex, located near the city of Bahia Blanca, Province of Buenos Aires, where all of TGS's main natural gas pipelines connect, and where ethane, propane, butane and natural gasoline are recovered. TGS sells its production of liquids in the domestic and the international markets. TGS sells part of its production of propane and butane to liquids marketers in the domestic market. Its services rendered to third parties include natural gas processing, products commercialization, storage, reception and dispatch of trucks and tanker vessels, and liquefied petroleum gas (LPG) refrigeration and heating.
The Company renders midstream services that consist of gas conditioning, gathering and compression services, which are rendered at wellhead, as well as activities related to construction, operation and maintenance of pipelines and compressor plants. Its Other Services segment also focuses on analyzing opportunities related to rendering compression and treatment services, and storage and shipping facilities located in Puerto Galvan and the optimization of telecommunications services.
Transportadora de Gas del Sur SA
Don Bosco 3672 - 6 P
BUENOS AIRES C1206ABF