Natural Gas Transportation was Gas Transporter Of The South’s largest segment in fiscal 2025, bringing in $705.12B of $1,720.63B (41%).
| Segments [axis] | FY 2015 | FY 2018 | FY 2020 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|
| Midstream | — | $347.31B | |||
| Liquids Production & Commercialization | — | $660.57B | |||
| This Member Stands For Production & Commercialization Of Liquids, Liquids Production And Commercialization Activities Are Conducted At Cerri Complex, Which Is Located, Near The City Of Bahia Blanca In The Province Of Buenos Aires. In The Cerri Complex, Ethane, Lpg And Natural Gasoline Are Extracted From The Natural Gas, Which Arrives Through Three Main Pipelines From The Neuquen And Austral Natural Gas Basins. Tgs Sells Its Production Of Liquids In The Domestic And The International Markets | — | — | |||
| Natural Gas Transportation | — | $705.12B | |||
| This Member Stands For Natural Gas Transportation, Revenues Of This Business Segment Are Derived Mainly From Firm Contracts, Under Which Pipeline Capacity Is Reserved & Paid For Regardless Of Actual Usage By The Customer. The Company Also Provides Interruptible Natural Gas Transportation Services And Exchange And Displacement Services Subject To Available Pipeline Capacity | — | — | |||
| Telecommunications | — | $7.61B | |||
| This Member Stands For Telecommunications, Telecommunication Services Are Rendered Through Telcosur, A Company Controlled By Tgs. Telcosur Provides Services As An Independent Carrier Of Carriers To Leading Telecommunication Operators & Corporate Customers Located In Its Service Area | — | — | |||
| Telecommunication | $1.20B | — | |||
| This Member Stands For Other Services. Midstream Services Include Natural Gas Treatment, Separation, & Removal Of Impurities From The Natural Gas Stream, As Well As Natural Gas Compression, Rendered At The Wellhead Typically For Natural Gas Producers. In Addition, Tgs Provides Services Related To Pipeline And Compression Plant Construction, Operation And Maintenance Of Pipelines And Compressor Plants Services, As Well As Steam Generation For Electricity Production | — | — | |||
| Total | $1.20B | $1,720.63B |
Gas Transporter Of The South brought in $1,720.63B from its four segments in fiscal 2025, the year ended December 31, 2025. Gas Transporter Of The South regrouped these segments after fiscal 2024, so the total does not compare directly with that year's $1.20B. Natural Gas Transportation was the largest at $705.12B (41.0%), ahead of Liquids Production & Commercialization at $660.57B (38.4%) and Midstream at $347.31B (20.2%). The remaining segment, Telecommunications, brought in $7.61B.
Gas Transporter Of The South began breaking out Midstream in fiscal 2025, Liquids Production & Commercialization in fiscal 2025, Natural Gas Transportation in fiscal 2025 and Telecommunications in fiscal 2025. Gas Transporter Of The South stopped reporting Telecommunication as a separate segment after fiscal 2024, when it brought in $1.20B.
Local Market was Gas Transporter Of The South’s largest region in fiscal 2019, bringing in $46.48B of $47.75B (97%).
| Geography | FY 2015 | FY 2018 | FY 2019 |
|---|---|---|---|
| Local Market | $32.38B | $46.48B | |
| Eliminations | $1.25B | $1.27B | |
| External Market | — | — | |
| Total | $33.64B | $47.75B |
Gas Transporter Of The South brought in $47.75B from its two regions in fiscal 2019, the year ended December 31, 2019. That was up 42.0% from $33.64B in fiscal 2018. Local Market was the largest at $46.48B (97.3%), ahead of Eliminations at $1.27B (2.7%).
Compared with fiscal 2018, Local Market grew 43.5% to $46.48B and Eliminations grew 1.0% to $1.27B.
Pbb Polisur was Gas Transporter Of The South’s largest revenue line in fiscal 2023, bringing in $289.40B of $451.88B (64%).
| Customer | FY 2016 | FY 2017 | FY 2019 | FY 2020 | FY 2023 |
|---|---|---|---|---|---|
| Trafigura Beheer | — | $118.44B | |||
| Pbb Polisur | — | $289.40B | |||
| Refers To The Major Customer Of The Entity, "Pbb Polisur" | — | — | |||
| This Member Stands For Major Customer Of The Entity, "Metrogas" | $17.33B | — | |||
| Refers To The Major Customer Of The Entity, "Metrogas" | — | — | |||
| Ypf | — | $13.93B | |||
| This Member Stands For Major Customer & Related Party Of The Entity, "Ypf" | $6.82B | — | |||
| Refers To The Major Customer & Related Party Of The Entity, "Ypf" | — | — | |||
| Pampa Energia | — | $24.65B | |||
| This Member Stands For Major Customer & Related Party Of The Entity, "Pampa Energia" | $4.27B | — | |||
| Refers To The Major Customer & Related Party Of The Entity, "Pampa Energia" | — | — | |||
| Petrobras Global Trading Bv | — | $5.46B | |||
| This Member Stands For Major Customer Of The Entity, "Naturgy Argentina" | $10.36B | — | |||
| Refers To The Major Customer Of The Entity, "Naturgy Argentina" | — | — | |||
| Refers To The Major Customer Of The Entity, "Camuzzi Gas Pampeana S.A." | — | — | |||
| This Member Stands For Major Customer Of The Entity, "Cammesa" | $6.89B | — | |||
| Refers To The Major Customer Of The Entity, "Cammesa" | — | — | |||
| Refers To The Major Customer Of The Entity, "Shell Trading (Us) Company" | — | — | |||
| This Member Stands For Major Customer Of The Entity, "Petredec" | $2.03B | — | |||
| Refers To The Major Customer Of The Entity, "Petredec" | — | — | |||
| This Member Stands For Major Customer Of The Entity, "Geogas Trading S.A." | $845.47M | — | |||
| Refers To The Major Customer Of The Entity, "Geogas Trading S.A." | — | — | |||
| This Member Stands For Major Customer & Related Party Of The Entity, "Pluspetrol" | $1.73B | — | |||
| This Member Stands For Major Customer & Related Party Of The Entity, "Exxonmobil Exploration" | $1.68B | — | |||
| This Member Stands For Major Customer Of The Entity, "Camuzzi Gas Del Sur S.A." | $3.07B | — | |||
| Refers To The Major Customer Of The Entity, "Camuzzi Gas Del Sur S.A." | — | — | |||
| This Member Stands For Major Customer Of The Entity, "Italgas S.A." | $1.17B | — | |||
| Refers To The Major Customer & Related Party Of The Entity, "Petroleo Brasileiro" | — | — | |||
| This Member Stands For Major Customer & Related Party Of The Entity, "Tecpetrol" | $176.81M | — | |||
| Refers To The Major Customer & Related Party Of The Entity, "Braskem Netherlands B.V." | — | — | |||
| Total | $56.36B | $451.88B |
Gas Transporter Of The South brought in $451.88B from its five revenue lines in fiscal 2023, the year ended December 31, 2023. Gas Transporter Of The South regrouped these revenue lines after fiscal 2020, so the total does not compare directly with that year's $56.36B. Pbb Polisur was the largest at $289.40B (64.0%), ahead of Trafigura Beheer at $118.44B (26.2%) and Pampa Energia at $24.65B (5.5%). The other two revenue lines brought in $19.40B combined.
Gas Transporter Of The South began breaking out Trafigura Beheer in fiscal 2023, Pbb Polisur in fiscal 2023, Ypf in fiscal 2023 and Pampa Energia in fiscal 2023. Gas Transporter Of The South stopped reporting This Member Stands For Major Customer Of The Entity, "Metrogas" ($17.33B in fiscal 2020), This Member Stands For Major Customer Of The Entity, "Naturgy Argentina" ($10.36B in fiscal 2020), This Member Stands For Major Customer Of The Entity, "Cammesa" ($6.89B in fiscal 2020) and nine others as separate revenue lines.
Gas Transporter Of The South (TGS) reports its revenue by segments [axis], by geography and by customer. In fiscal 2025, Natural Gas Transportation was its largest segment, bringing in $705.12B (41.0% of the total), followed by Liquids Production & Commercialization at $660.57B (38.4%).
Natural Gas Transportation was Gas Transporter Of The South's largest segment in fiscal 2025, bringing in $705.12B, or 41.0% of the $1,720.63B total across its four segments.
Local Market was Gas Transporter Of The South's largest region in fiscal 2019, bringing in $46.48B, or 97.3% of the $47.75B total across its two regions.
Pbb Polisur was Gas Transporter Of The South's largest revenue line in fiscal 2023, bringing in $289.40B, or 64.0% of the $451.88B total across its five revenue lines.
Local Market grew faster than Eliminations in fiscal 2019, up 43.5% from $32.38B to $46.48B. Eliminations grew 1.0% to $1.27B.
Every figure comes from Gas Transporter Of The South's annual financial filings, as reported. Each line keeps the name Gas Transporter Of The South gives it, and years follow its fiscal calendar.
Gas Transporter Of The South's revenue by segments [axis] goes back to fiscal 2015, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.