TGS Plans $3 Billion NGL Project, Pipeline to Boost Argentina Gas Exports

Argentina’s Transportadora de Gas del Sur (TGS) plans a $3 billion natural gas liquids project that includes new gas processing facilities and a pipeline linking the Tratayen plant to the Bahia Blanca export hub.

(Reuters) — Argentine energy firm Transportadora de Gas del Sur (TGS) said on March 11 it will invest $3 billion in a new natural gas liquids project.

The project, to be developed over almost four years, is expected to generate approximately $1.2 billion in annual exports.

The development includes new gas processing facilities at the company's Tratayen plant and the construction of a multi-product pipeline connecting the facility to the Bahia Blanca port.

The company plans to submit the project to a large-scale investment incentive scheme, known as RIGI, introduced by President Javier Milei's administration.

TGS said it will fund part of the investment with its own capital and is working with international banks to secure the remaining financing.