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Transportadora de Gas del Sur Announces 1.5% Tariff Increase

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Transportadora de Gas del Sur Announces 1.5% Tariff Increase

The latest announcement is out from Transportadora De Gas Sa Ord B ( (TGS) ).

On January 31, 2025, Transportadora de Gas del Sur S.A. announced that the Argentine Gas Regulatory Body, ENARGAS, approved a 1.5% increase in the transitory tariff charts for natural gas transportation services, effective February 1, 2025. This tariff adjustment, published in the Argentine Official Gazette, indicates a modest increase in operational revenue for the company and may affect stakeholders by slightly altering the cost structure of natural gas distribution.

More about Transportadora De Gas Sa Ord B

Transportadora de Gas del Sur S.A. is a company operating in the natural gas transportation industry, providing essential services that focus on the delivery and regulation of natural gas. Based in Argentina, the company plays a significant role in the country’s energy infrastructure.

YTD Price Performance: -12.84%

Average Trading Volume: 339,008

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $4.77B

For a thorough assessment of TGS stock, go to TipRanks’ Stock Analysis page.

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