Transportadora De Gas Sa Ord B (TGS) has released an update.
Transportadora de Gas del Sur S.A. (TGS) has announced that the planned tariff increase for July 2024 will not take place, as instructed by the Argentine Ministry of Economy and the Argentine Energy Bureau. The company was notified by ENARGAS, the Argentine Gas Regulatory Body, that the current tariffs published in April will remain unchanged. This development could impact TGS’s revenues and is relevant for investors monitoring the company’s financials.
For further insights into TGS stock, check out TipRanks’ Stock Analysis page.