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Transportadora de Gas del Sur Restores Operations Post-Flood

Story Highlights
  • Transportadora de Gas del Sur S.A. focuses on natural gas transportation in Argentina.
  • Floods on March 7, 2025, disrupted operations, but key facilities were restored by March 24.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Transportadora de Gas del Sur Restores Operations Post-Flood

Transportadora De Gas Sa Ord B ( (TGS) ) has issued an announcement.

On March 7, 2025, Transportadora de Gas del Sur S.A. experienced significant operational disruptions due to floods in Bahía Blanca, impacting the Cerri Complex. By March 24, the company had restored operations at key facilities, including the Fiat and Solar Compression Plants, and reestablished communications and power connections. Efforts to fully restore power and resume liquid production are ongoing, highlighting the company’s resilience and commitment to maintaining service continuity despite external challenges.

More about Transportadora De Gas Sa Ord B

Transportadora de Gas del Sur S.A. operates in the energy sector, primarily focusing on the transportation of natural gas. The company provides critical infrastructure for the natural gas industry in Argentina, ensuring the delivery of gas across the region.

YTD Price Performance: -13.70%

Average Trading Volume: 343,911

Technical Sentiment Signal: Sell

Current Market Cap: $5.12B

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

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