TGS Files 2024 Annual Report on Form 20-F

Rhea-AI Summary

Transportadora de Gas del Sur (TGS) has announced the filing of its 2024 Annual Report on Form 20-F with the U.S. Securities and Exchange Commission. The report, covering the fiscal year ended December 31, 2024, is accessible through the company's website and SEC's platform.

TGS maintains a leading position in Argentina's natural gas transportation sector, handling approximately 60% of the country's gas consumption through over 5,700 miles of gas pipelines, with a firm contracted capacity of 89.4 MMn3/d. The company has made strategic infrastructure investments in the Vaca Muerta basin, positioning itself as a major Midstreamer in Argentina.

The company's shares are traded on both the NYSE and BYMA. The controlling entity, Compañía de Inversiones de Energía S.A. (CIESA), holds 51% of the total share capital, with ownership split between Pampa Energía S.A. (50%) and a joint stake by Grupo Investor Petroquímica S.L. and PCT L.L.C. (50%).

Positive

• Market leadership with 60% share in Argentina's gas transportation
• Extensive infrastructure with 5,700 miles of pipelines and 89.4 MMn3/d capacity
• Strategic positioning in Vaca Muerta basin for growth opportunities

Negative

• None.

BUENOS AIRES, Argentina, April 24, 2025 /PRNewswire/ -- Transportadora de Gas del Sur S.A. ("tgs" or "the Company") (NYSE: TGS, MERVAL: TGSU2) announced that today it filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 (the "2024 Annual Report") with the U.S. Securities and Exchange Commission (the "SEC"). The 2024 Annual Report can be accessed by visiting the Company's website at www.tgs.com.ar as well as on the SEC's website at www.sec.gov. In addition, shareholders may receive a hard copy of the Company's complete financial statements free of charge by requesting a copy from Carlos Almagro (calmagro@tgs.com.ar) or Leandro Perez Castaño (leandro_perez@tgs.com.ar) in TGS's Investor Relations Office at +(54-11) 3751-5100.

tgs is the leader in Argentina in the transportation of natural gas, transporting approximately 60% of the gas consumed in the country, through more than 5,700 miles of gas pipelines, with a firm contracted capacity of 89.4 MMn3/d. It is one of the main natural gas processors. In addition, tgs´ infrastructure investments in Vaca Muerta basin will allow to grow significantly in the provision of services to natural gas producers, positioning tgs as one of the main Midstreamers in Argentina. tgs shares are traded on NYSE (New York Stock Exchange) and BYMA (Bolsas y Mercados Argentinos S.A.). The controlling company of tgs is Compañía de Inversiones de Energía S.A. ("CIESA"), which owns 51% of the total share capital. CIESA's shareholders are: (i) Pampa Energía S.A. with 50%, (ii) Grupo Investor Petroquímica S.L. (member of the GIP group, led by the Sielecki family) and PCT L.L.C. with the remaining 50%.

View original content:https://www.prnewswire.com/news-releases/tgs-files-2024-annual-report-on-form-20-f-302437842.html

SOURCE TGS

FAQ

What percentage of Argentina's gas consumption does TGS transport in 2024?

TGS transports approximately 60% of Argentina's gas consumption through its pipeline network.

How extensive is TGS's gas pipeline infrastructure in 2024?

TGS operates more than 5,700 miles of gas pipelines with a firm contracted capacity of 89.4 MMn3/d.

What is the ownership structure of TGS's controlling company CIESA?

CIESA owns 51% of TGS, with its shares split between Pampa Energía S.A. (50%) and Grupo Investor Petroquímica S.L./PCT L.L.C. (50%).

Where are TGS shares traded in 2024?

TGS shares are traded on the New York Stock Exchange (NYSE) and BYMA (Bolsas y Mercados Argentinos S.A.).

What strategic investments has TGS made in Argentina's energy sector?

TGS has made infrastructure investments in the Vaca Muerta basin to expand its services to natural gas producers, positioning itself as a leading Midstreamer in Argentina.