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Transportadora de Gas Postpones Tariff Hike

Transportadora de Gas Postpones Tariff Hike

Transportadora De Gas Sa Ord B (TGS) has released an update.

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Transportadora de Gas del Sur S.A. has announced that the planned tariff adjustments for June 2024 will be postponed, following instructions from the Argentine Ministry of Economy and the Argentine Energy Bureau. Furthermore, the company will revise the adjustment methodology set for the July to December 2024 period. This regulatory decision could impact the company’s financials and is therefore of interest to investors and market watchers.

For further insights into TGS stock, check out TipRanks’ Stock Analysis page.

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