Transportadora de Gas del Sur S.A. (TGS) Publishes 2024 Annual Report
On April 24, 2025, Transportadora de Gas del Sur S.A., commonly referred to as TGS, announced the filing of its annual report on Form 20-F with the U.S. Securities and Exchange Commission (SEC) for the fiscal year concluding on December 31, 2024. This critical document encapsulates the company’s financial and operational performance, providing stakeholders with key insights into TGS's growth trajectory and strategies within Argentina's natural gas industry.
The 2024 Annual Report, accessible through TGS's official website and the SEC’s platform, evidences the company's robust position as a leader in natural gas transportation in Argentina. TGS is instrumental in moving approximately 60% of the natural gas consumed across the country, underscoring its significance in the energy landscape. With over 5,700 miles of pipelines and a firm contracted capacity of 89.4 million cubic meters per day (MMn3/d), TGS plays a vital role in ensuring the energy needs of the nation are met efficiently.
Additionally, TGS has been proactive in expanding its capabilities within the highly lucrative Vaca Muerta basin. The company’s investments in this region are earmarked to enhance services provided to natural gas producers, thereby solidifying TGS’s status as a principal player among Midstreamers in Argentina. As the energy sector continues to evolve, TGS's strategic initiatives are pivotal in accommodating the increasing demand for gas in both domestic and international markets.
The company, listed on the New York Stock Exchange under the ticker symbol TGS and on the Bolsas y Mercados Argentinos S.A. (BYMA) as TGSU2, is controlled by Compañía de Inversiones de Energía S.A. or CIESA, which holds 51% of the share capital. Notably, Pampa Energía S.A. commands a 50% stake in CIESA, while Grupo Investor Petroquímica S.L., along with PCT L.L.C., owns the remaining shares. This strategic ownership structure positions TGS well for ongoing investment and operational improvements.
In a move to maintain transparency and keep its shareholders adequately informed, TGS officials are inviting requests for hard copies of the complete financial statements. Interested shareholders can reach out to the Investor Relations Office, led by Carlos Almagro and Leandro Perez Castaño, for detailed inquiries.
TGS remains dedicated to driving sustainable practices and operational excellence. As one of the primary natural gas processors in Argentina, TGS's efforts in enhancing the energy infrastructure reflect its commitment not only to shareholders but also to the communities it serves throughout the country. The filing of the 2024 Annual Report marks yet another step in TGS's journey toward greater achievement, spotlighting its role in the development of Argentina’s resource-rich sectors and the transition towards a greener energy future.
For further details on the annual report and an in-depth view of TGS's fiscal standing, stakeholders are encouraged to visit
TGS's official website and the SEC's homepage at
www.sec.gov.