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Argentina's TGS readies $3 billion project for tax break scheme

Argentina's TGS readies $3 billion project for tax break scheme

- Argentine energy firm Transportadora ​de Gas del Sur (TGS)TGSU2m.BA plans to apply for a local tax break scheme for a $3 billion natural gas liquids project in the Vaca Muerta shale formation, CEO Oscar Sardi said on Tuesday.

TGS plans to apply for the tax break mechanism in two stages, Sardi added.


(Reporting by Eliana Raszewski; Editing by Iñigo Alexander)

((Kylie.Madry@thomsonreuters.com;))

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