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Transportadora de Gas del Sur Faces Operational Challenges Due to Bahía Blanca Floods

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Transportadora de Gas del Sur Faces Operational Challenges Due to Bahía Blanca Floods

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 heavy rains and flooding in Bahía Blanca, affecting both their liquids production and natural gas transportation. The company is actively assessing the damage and working on remediation efforts, including insurance arrangements, to mitigate the impact of this climatic event on their operations.

More about Transportadora De Gas Sa Ord B

Transportadora de Gas del Sur S.A. operates in the energy sector, focusing on the transportation of natural gas and production of liquids. The company is a key player in the Argentine market, providing essential services in gas distribution and energy infrastructure.

YTD Price Performance: -22.56%

Average Trading Volume: 344,923

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $4.34B

Find detailed analytics on TGS stock on TipRanks’ Stock Analysis page.

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