TGS reported robust third-quarter earnings for 2025, posting a net income of ARS 112 billion, driven by a strong performance in the liquids segment despite challenges in natural gas transportation.

• Liquids segment EBITDA surged to ARS 55.2 billion, tripling year-over-year due to increased exports and higher prices, particularly for butane.
• Natural gas transportation EBITDA decreased to ARS 102.4 billion, impacted by inflation-adjusted tariffs and rising operational costs.
• TGS secured a $560 million project to expand Perito Moreno pipeline capacity, establishing a 15-year operating period with dollar-denominated tariffs.
• Midstream and other services EBITDA increased to ARS 61.2 billion, driven by higher volumes from Vaca Muerta operations.
• The company's cash position improved by 22%, reaching ARS 875 billion, underscoring strong cash flow generation across regulated and nonregulated businesses.