Transportadora de Gas del Sur (NYSE: TGS) updates 2026 gas pricing and LPG sales policy
Rhea-AI Filing Summary
Transportadora de Gas del Sur S.A. (tgs) reported that its Board of Directors approved new reference prices for SPOT gas purchases for its Plant Thermal Reduction with related parties for the 2026 summer and winter periods, and extended its policy governing LPG and natural gasoline/raw gasoline sale and resale operations from January 1, 2026 through December 31, 2026. Before approving these matters, the company’s Audit Committee issued reports under Argentine Capital Markets Act No. 26,831. On December 11, 2025, the Audit Committee informed the Board that transactions with related parties made under these reference prices and this policy can be considered reasonably conducted on an arm’s length basis, and these reports are available for review by accredited shareholders upon email request.
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FAQ
What did Transportadora de Gas del Sur (TGS) announce in this update?
TGS announced that its Board of Directors approved gas reference prices for SPOT purchases with related parties for the 2026 summer and winter periods, and extended its policy for LPG and natural gasoline/raw gasoline sale and resale operations for the full year 2026.
What is the effective period of TGS’s LPG and natural gasoline policy?
The company extended its Policy for LPG and Natural Gasoline/Raw Gasoline sale and resale operations to be valid from January 1, 2026 until December 31, 2026.
How did TGS handle related-party considerations for the new reference prices and policy?
Before approval, TGS requested two reports from its Audit Committee in accordance with section 72 of Capital Markets Act No. 26,831, covering the reference prices and the policy as regular transactions with related parties.
What conclusion did the TGS Audit Committee reach about the related-party transactions?
On December 11, 2025, the Audit Committee concluded and informed the Board that transactions with related parties carried out under the Reference Prices and the Policy can be deemed to be reasonably entered into on an arm’s length basis.
Can shareholders access the TGS Audit Committee reports on these related-party transactions?
Yes. The Audit Committee’s reports are available for consultation by accredited shareholders, upon request via email to direcciondelegales@tgs.com.ar.
Who signed the TGS report related to these decisions?
The material fact notice was signed by Hernán Diego Flores Gómez, Head of Market Relations. The Form 6-K was signed on behalf of TGS by Alejandro M. Basso, Chief Financial Officer and Services Vice President, and Hernán Diego Flores Gómez, Legal Affairs Vice President.