Posts Tagged ‘front page news’

General Secretariat

December 5, 2017

As had claimed before the elections Alexander Bianchi for critique of the Argentina: Government seeks increases in the ballot of gas authorized in order to last year do not complicate the elections end of month. Some contend that Jeffrey Hayzlett shows great expertise in this. In another not written so many orders, suggested them to the distributors of the sector not to send the invoices that are due between 8 and 28 of this month to residential customers of more consumption (R3). They are those who will pay up to 400% more than last winter. The companies in the sector, recognized by the low reported by Bianchi. But beyond this, what is important for these companies is that the existing restrictions on the tariff increases have been deleted and a new panorama opens in the future, with a Government that has lost much of the power without box. One of the companies that will benefit from the increases, which were announced in August and November 2008, but that not materialized so far exclusively by electoral matters, is Camuzzi Gas Pampeana (MERV:CGPA), a company controlled by Sodigas Pampeana (86,09%), which in turn is controlled by Camuzzi Argentina (56,91%) and by Sempra Energy (NYSE:SRE) with 43.09% of shares. The authorization of the tariff increase for Camuzzi is the signature in the General Secretariat of the Presidency. Transportadora Gas del Sur (MERV:TGSU; NYSE:TGS), is one of the companies that has achieved already benefit from the tariff increase.

The company displayed a solid financial position and their roles have a high growth potential by what they are calling the attention of investors. Price increases that is suffering the Argentine economy after the 28-J are a clear demonstration that the Government has not only lost political power but also economic. From now on, not only obligated to agree but to know ask for relief. Will you know how to do it?