Awarded Perito Moreno Pipeline Expansion Project
TGS was awarded the expansion of the Perito Moreno pipeline by 14 million cubic meters per day with an expected CapEx of $560 million. The project includes the construction of 3 compressor plants and expansion of the Tratayén compressor plant.
Significant Increase in Net Income
Net income rose to ARS 112 billion in Q3 2025 from ARS 68.8 billion in the same quarter of 2024, driven by better performance in the liquids business and midstream segment.
Tripling of EBITDA in Liquids Segment
EBITDA for the liquids segment increased to ARS 55.2 billion in Q3 2025, up from ARS 18.2 billion in Q3 2024, mainly due to higher export volumes and deregulation of butane prices.
Strong Midstream and Other Services Growth
EBITDA from midstream and other services rose to ARS 61.2 billion in Q3 2025 compared to ARS 46.7 billion in Q3 2024, driven by higher sales from increased natural gas transported and conditioned in Vaca Muerta.
Cash Position Increase
The company's cash position increased by 22% or ARS 160 billion during Q3 2025 to ARS 875 billion.