Transportadora de Gas Internacional

What Transportadora de Gas Internacional does

Transportadora de Gas Internacional S.A. E.S.P. (TGI) is a Colombian regulated natural gas transmission utility and a wholly-owned subsidiary of Grupo Energía Bogotá (GEB). The company operates approximately 4,000 km of high-pressure gas pipelines spanning Colombia's major producing basins (Cusiana, Cupiagua, Ballena) and demand centers (Bogotá, Valle del Cauca, the Atlantic coast), structured around four principal trunk systems: Ballena-Barrancabermeja (578 km, 260 MPCD capacity), Centro-Oriente (941 km, 436 MPCD), Mariquita-Cali (343 km, 168 MPCD), and Cusiana-Bogotá (306 km, 392 MPCD). Operations are supported by compression stations, city gates serving 200+ municipalities, and digital tools including the BEO (Boletín Electrónico de Operaciones) operations portal, a CGA nominations platform, and a digital twin for hydraulic optimization of the National Transmission System.

TGI's business model is anchored in CREG-regulated tariffs for firm and interruptible natural gas transportation, with long-term contracts historically averaging 6-10 years and capacity allocated via primary capacity auctions and first-come-first-served requests under CREG Resolution 080/2019. Revenue streams include capacity-based transportation fees (per KPCD/MPCD), interruptible service charges, parking and rerouting (desvío) services, connection and construction fees for entry/exit points, and growing system expansion revenues from IPAT-listed projects. Customer segments span natural gas distributors (via city gates), thermal power generators, large industrial users, gas producers and shippers (remitentes) including Ecopetrol, and — through the Ballenas LNG joint venture with Hocol — the national energy security mandate, with the FSRU terminal (up to 250 MMcfd, targeted for early 2027-2028) positioned to supply up to 40% of Colombia's gas demand and address a projected 310 MMcfd domestic shortfall.

The company is pursuing a stated multilatina expansion by 2027 and is developing adjacent product lines including renewable gas/hydrogen blending (Gases Renovables), micro LNG for off-grid supply, and pipeline integrity inspection services. ESG positioning is a deliberate differentiator: TGI is ranked in the Top 1% globally (S&P Global Sustainability Yearbook 2024), has achieved a 22% GHG reduction versus its 2021 baseline, and carries a BBB/stable credit rating from Fitch Ratings, while delivering COP 428 billion in dividends to GEB for FY2023.

Name

Transportadora de Gas Internacional

Legal name

Transportadora de Gas Internacional S.A. E.S.P.

Website

https://tgi.com.co

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

251–500 employees

Short description

Transportadora de Gas Internacional (TGI) is a Colombian regulated natural gas transmission utility and wholly-owned subsidiary of Grupo Energía Bogotá, operating approximately 4,000 km of high-pressure pipelines that connect major producing basins to cities, industrial users, and thermal generators across Colombia.

Ownership category

akta.pro rank

Product category

Natural Gas Transmission Services

NAICS

Pipeline Transportation of Natural Gas (4862), Pipeline Transportation of Natural Gas (486210)

SIC

Natural Gas Transmission (4922), Natural Gas Transmisison & Distribution (4923)

akta.pro primary industry

Natural Gas Pipeline Transportation (EUALADAB)

Keywords

• Natural gas transmission
• Midstream pipeline operations
• Gas transportation services
• LNG regasification terminal
• Gas distribution infrastructure

Headquarters

HQ city

Bogotá

HQ country

Colombia

HQ region

Latin America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Supply Chain, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Natural Gas Transportation (Firm & Interruptible): TGI earns fees for firm and interruptible natural gas transportation services through its pipeline network, charged per capacity unit (KPCD/MPCD) and volume transported. Regulated tariffs are overseen by CREG. Long-term contracts (average duration 6–10 years historically) underpin stable revenue. Additional services include parking, desvíos (rerouting), and capacity auctions.
2. Connection and Construction Services: Fees for construction and operation of entry/exit points (puntos de entrada/salida) on the transmission system, as well as master contracts for connection infrastructure, generating one-time and recurring service revenue.
3. System Expansion and Capacity Growth Projects: Revenue growth driven by IPAT-listed expansion projects (e.g., new compression stations, pipeline corridors such as Mariquita-Bogota, bidirectional upgrades) that increase contracted capacity and transportation volumes.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

Transportadora de Gas Internacional S.A. E.S.P. (TGI) is a regulated midstream natural gas transmission utility that transports natural gas through approximately 4,000 km of high-pressure pipelines connecting Colombia's producing basins (Cusiana, Cupiagua, Ballena) to demand centers including Bogotá, Cúcuta, and the Eje Cafetero. Core services include firm and interruptible gas transportation under CREG-regulated tariffs, connection and construction services for entry/exit points, parking and rerouting services, compression station services, and pipeline integrity inspection. The company is also developing the Ballenas LNG import terminal in La Guajira in joint venture with Hocol to supply up to 40% of Colombia's gas demand.

Product overview

TGI operates as a midstream hydrocarbons company providing integrated gas transportation and processing services across Colombia. The portfolio is structured as a platform of core transportation infrastructure (approximately 4,000 km of pipelines, compression stations, city gates) supported by a suite of digital tools (BEO operations portal, CGA nominations tool, GCC capacity-request system, digital twin hydraulic optimization) and specialized services including industrial gas supply, thermal generation support, renewable gas/hydrogen blending, and an LNG import terminal project (Ballenas, with Hocol). The company is majority-owned by Grupo Energía Bogotá and targets Latin American expansion by 2027.

Differentiator

Problem solved

Functional benefit

Products and services

• Natural Gas Transportation Service
• Industrial Gas Products Product offering tailored for industrial users, providing natural gas supply through TGI's pipeline infrastructure to large industrial consumers and thermal generation facilities, including process fuel, feedstock, cogeneration, and heating applications.
• City Gas Distribution Service Distribution of natural gas to urban centers and municipalities through city gates (puntos de city gate), connecting TGI's trunk pipelines to local distribution networks serving residential and commercial users across 200+ municipalities.
• Thermal Generation Service Natural gas supply service specifically designed for thermal power generation plants, supporting electricity generation capacity in Colombia with firm transportation and capacity-flexible service for 13 industrial/thermal offtake points across the Centro-Oriente system alone.
• Ballenas LNG Import Terminal Floating storage and regasification unit (FSRU) LNG import terminal at Ballena in La Guajira province, a joint venture with Hocol, designed to address Colombia's domestic gas shortfall with capacity of up to 250 million cubic feet per day and targeted to supply up to 40% of national demand.
• Renewable Gases (Hydrogen Blending) Exploration and development of renewable gas solutions including green hydrogen blending into the natural gas network, as part of Colombia's energy transition strategy.
• Compression Station Services Operation and maintenance of gas compression stations along TGI's pipeline network to maintain pressure and ensure uninterrupted gas flow through the transportation system.
• Micro LNG Project Small-scale LNG solution for supplying natural gas to regions not connected to the main pipeline network, providing an alternative midstream modality for isolated demand centers.
• Pipeline Integrity Inspection Services Inline inspection (ILI) services using intelligent inspection tools including MFL (Magnetic Flux Leakage) high-resolution tools, inertial mapping, and geometric tools to diagnose pipeline condition and ensure integrity.
• BEO - Boletín Electrónico de Operations (Electronic Operations Bulletin) Electronic operations bulletin portal providing commercial and operational management tools for shippers, including nominations, renominations, balance accounts, capacity requests, pipeline maps, contingency plans, and statistical reporting for gas transport services.
• CGA - Herramienta de Nominaciones (Nominations Tool) Web-based nominations management tool enabling shippers to submit and manage gas transport nominations and renominations within the transport cycle.

Quantifiable outcome

• 22% reduction in GHG emissions vs. 2021 baseline
• +5 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Six partnerships are on record, tiered core, major and minor.

• HocolcoreStrategic or Co-development Partner · 27 January 2026TGI and Hocol signed a Connection Agreement (Acuerdo de Conexión) for the La Guajira Regasification Plant project, formalizing the technical and commercial terms for connecting the FSRU terminal to TGI's transmission network.
• HocolcoreStrategic or Co-development Partner · 3 November 2025Hocol and TGI formed a joint venture to develop the Ballenas LNG import project in La Guajira province, Colombia. The project involves a floating storage and regasification unit (FSRU) targeting early 2027 operations and up to 40% of Colombia's gas supply. This is TGI's most significant strategic partnership, directly tied to Colombia's national energy security strategy.
• HöeghcoreStrategic or Co-development Partner · 14 October 2025TGI and Höegh signed a binding commercial agreement for LNG regasification solutions supporting the Ballenas project. Höegh provides the FSRU vessel and associated LNG infrastructure services.
• EcopetrolcoreTechnology or IntegrationTGI's Ballenas LNG terminal will connect to Ecopetrol's subsea pipeline infrastructure on the Atlantic coast. Ecopetrol is also Colombia's largest green hydrogen producer (130,000 tons annually in 2024) and a key gas market participant whose production flows through TGI's transmission network.
• PromigasmajorStrategic or Co-development PartnerTGI and Promigas announced use of the interconnection between their respective gas transmission systems, enabling bidirectional flows and coordinated gas transportation across Colombia's national gas network. Both companies lead the bidirectional corridor upgrades under UPME's national strategy.
• Sirius (Offshore Gas)minorOthersSirius offshore gas field development expected to supply gas to Colombia's transmission system by 2031, providing a domestic production complement to LNG imports via TGI's network.

Scale indicators17 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• TC Energy: Major North American pipeline operator with significant natural gas transmission assets. TC Energy is comparable to TGI as a regulated gas pipeline operator facing energy transition and decarbonization headwinds.
• Kinder Morgan: One of the largest North American energy infrastructure companies, operating ~83,000 miles of pipelines. Comparable to TGI as a regulated natural gas transmission utility with LNG and storage exposure.
• Enbridge: North America's largest midstream energy infrastructure operator with a vast natural gas and liquids pipeline network. Enbridge is comparable to TGI as a large-scale regulated pipeline operator with energy transition optionality (hydrogen, renewables).

Others

• Ecopetrol: Colombia's state oil and gas company and a major gas producer/shipper on TGI's network. Ecopetrol is comparable to TGI as a key Colombian counterpart and partner for the Ballenas project, but operates upstream/downstream rather than as a peer transmission utility.

Emerging players

• Höegh LNG: Norwegian provider of floating storage and regasification unit (FSRU) services. Höegh is a direct counterparty and adjacent peer to TGI for the Ballenas LNG project, providing the FSRU vessel and regasification services.

Direct peers

• TGN (Transportadora de Gas del Norte): Major Argentine natural gas pipeline operator, comparable in business model to TGI as a regulated long-distance gas transmission utility serving industrial, residential, and power generation customers.
• Promigas: Colombia's other major natural gas transmission and distribution operator. Promigas directly compares to TGI as a peer pipeline operator in the same Colombian market, and the two companies are also collaboration partners on bidirectional flow corridors under UPME's national strategy.
• TGS (Transportadora de Gas del Sur): Argentina's largest natural gas midstream transportation company, operating extensive pipeline systems. TGS is the most direct LatAm comparable to TGI in terms of regulated pipeline transportation, throughput-based revenue, and energy transition challenges.

Regional players

• ISA (Interconexión Eléctrica): Colombian multi-LatAm electric transmission operator (formerly ISA, now majority-owned by Ecopetrol). ISA is comparable to TGI as a Colombian-headquartered regulated linear infrastructure operator with regional expansion and concession-based revenue.
• EPM (Empresas Públicas de Medellín): Colombian multi-utility providing gas, power, water, and telecom services. EPM is comparable to TGI as a major Colombian energy infrastructure operator, including natural gas distribution and power generation exposure.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/TGISAESP
• LinkedInlinkedin.com/company/transportadora-de-gas-internacional-s.a.-esp-%E2%80%93-tgi-s.a.
• Instagraminstagram.com/tgisaesp

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Transportadora de Gas Internacional