Transportadora de Gas Strikes $18.4M Deal with Pampa
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Transportadora de Gas Strikes $18.4M Deal with Pampa

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

Transportadora de Gas del Sur S.A. has announced the approval of a new service agreement with Pampa Energía S.A., along with an addendum to an existing agreement, which combined represent an incremental value of $18.4 million. The agreements concern the provision of transportation and conditioning services for gas from the Sierra Chata Area, with a firm capacity of 3.5 million m3/day, effective until December 31, 2033. The company’s Audit Committee has issued a favorable report on the agreements, affirming their adherence to market standards.

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

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