Transportadora De Gas Sa Ord B (TGS) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Transportadora de Gas del Sur S.A. has proposed an investment plan to the Argentine Ministry of Economy aimed at boosting natural gas transportation capacity on the Tratayén-Litoral Argentino route by winter 2026. This initiative is expected to yield significant economic benefits, including an annual trade balance improvement of over USD 700 million and tax savings of USD 500 million by reducing fuel imports. The acceptance of the proposal will lead to a public tender, with tgs holding a pre-emptive right in case of equal bids.
For further insights into TGS stock, check out TipRanks’ Stock Analysis page.