Transportadora de Gas del Peru

What Transportadora de Gas del Peru does

Transportadora de Gas del Peru S.A. (TGP) is a privately held Peruvian midstream energy infrastructure company that operates the country's principal natural gas and natural gas liquids (NGL) pipeline system under long-term BOOT concession contracts (Supreme Resolutions 101-2000-EM and 102-2000-EM) with the Peruvian State. The company began operations in 2004 and runs a 730 km dual-pipeline system from the Camisea fields in the Cusco jungle, through Ayacucho and Huancavelica, to delivery points on the coast at Ica and Lima. The system includes the Kamani Compressor Plant (72,000 HP, commissioned 2016) and achieves a maximum natural gas transport capacity of 920 MMcfd, with NGL total capacity of 130 MBPD. TGP transports approximately 96% of Peru's natural gas production and 80% of its LPG supply, with its gas enabling roughly 50% of the country's electricity generation and serving over 1.9 million households plus more than 6,500 businesses and 400,000 CNG vehicles. Operations are managed day-to-day by Tecgas Inc. through its subsidiary Compañía Operadora de Gas (COGA) under an Operation and Maintenance contract.

TGP's business model is anchored by long-term, take-or-pay style capacity reservations. The company offers Firm Transportation Service (fixed daily capacity with payment independent of usage, minimum 30,000 m3/day) and Interruptible Transportation Service (pay-as-effective-use, subject to availability). NGL contracts with Camisea producers are Ship or Pay at 115,000 bbl/day. Capacity is allocated through a regulated Public Offering process overseen by OSINERGMIN, with the 29th Public Offering concluded December 29, 2025 producing contracts with Contugas, Refinería La Pampilla, Orygen Perú, Termochilca, Owens-Illinois, Limagas Natural, and Engie. Customer mix is concentrated: electricity generation accounts for ~66% of gas consumption volume, gas distribution ~25%, and large industrial clients ~8%. Anchor customers include Enel, Engie, Kallpa, Fenix, Termochilca, Cálidda, Contugas, Refinería La Pampilla, Alicorp, Minsur, Owens-Illinois, Perú LNG, and Consorcio Camisea. The company maintains ISO 9001/14001/45001 certifications, has 101-250 employees, and is headquartered in San Isidro, Lima. Its international shareholders include EIG (49.87% stake acquired December 2025 from CPPIB), Sonatrach, and Enagás. The company is pursuing two major expansion projects: the Coastal Pipeline (US$1.81 billion, 817 km) and the TGP Extensión Sur (approximately US$2 billion, 900+ km to southern Peru).

Name

Transportadora de Gas del Peru

Legal name

Transportadora de Gas del Peru S.A.

Website

https://tgp.com.pe

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

101–250 employees

Short description

Transportadora de Gas del Peru (TGP) is a privately held Peruvian midstream operator running a 730 km dual pipeline system from Camisea to the coast, transporting 96% of Peru's natural gas and 80% of its LPG supply under long-term BOOT concessions, serving power generators, gas distributors, and industrial clients.

Ownership category

akta.pro rank

NAICS

Pipeline Transportation of Natural Gas (4862), Pipeline Transportation of Natural Gas (48621)

SIC

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

akta.pro primary industry

Natural Gas Compressor Stations & Metering/Regulation Stations (TLAGAKAD)

Keywords

• Natural gas transportation
• Midstream pipeline operations
• Natural gas liquids transport
• Hydrocarbon pipeline infrastructure
• Gas pipeline BOOT concession

Headquarters

HQ city

Perú

HQ country

Colombia

HQ region

Latin America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Firm Transportation Service - Natural Gas: Users reserve a fixed daily capacity in the pipeline system. Payment is independent of actual usage. Service is not subject to reduction or interruption except as stipulated in regulations or contract terms. Contracts are awarded through a regulated Public Offering process overseen by OSINERGMIN. Minimum contract capacity is 30,000 m3/day.
2. Firm Transportation Service - Natural Gas Liquids: Contracts with Camisea field producers, of the Ship or Pay kind, for a firm transport capacity of 115,000 bbl/day. In 2020, average NGL transport was 88,055 bbl/day.
3. Interruptible Transportation Service: Users hire a specific daily quantity and volume depending on system availability. Payment is made only for effective use of the transportation system. Service is subject to reductions and interruptions.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels6 records

Core offering

Transportadora de Gas del Peru (TGP) operates Peru's principal long-distance natural gas and natural gas liquids pipeline transportation system under a long-term BOOT concession with the Peruvian State. The company transports natural gas from the Camisea fields across 730 km of dual pipelines through jungle, highlands and coast to power generators, gas distributors, and large industrial clients, and delivers NGLs to the Lobería fractionation plant. TGP offers Firm Transportation Service (reserved daily capacity, payment independent of usage) and Interruptible Transportation Service (pay for actual use).

Product overview

Transportadora de Gas del Peru (TGP) operates as a natural gas and natural gas liquids transportation company under a long-term BOOT concession with the Peruvian State. The company's core offering consists of two pipeline transportation systems: a Natural Gas Transportation System and a Natural Gas Liquids Transportation System, collectively spanning 730 km from the Camisea fields in Cusco region to delivery points on the coast (Lima and Ica). TGP offers two service modalities: Firm Transportation Service (reserved daily capacity with guaranteed availability) and Interruptible Transportation Service (capacity-dependent availability). The company is also pursuing a major expansion project (TGP Extension South) involving an 817 km coastal pipeline. TGP transports approximately 96% of Peru's natural gas production and 80% of its LPG supply, generating 50% of the country's electricity.

Differentiator

Problem solved

Functional benefit

Products and services

• Natural Gas Transportation System Dual 730 km pipeline system transporting dry natural gas from the Camisea fields in Cusco through Ayacucho and Huancavelica to delivery points in Ica and Lima. Supplies electric generators (Enel, Engie, Kallpa, Fenix, Termochilca), gas distributors (Cálidda, Contugas), and large industrial clients. Maximum transport capacity of 920 MMcfd after Kamani and Coast Loop expansion.
• Natural Gas Liquids (NGL) Transportation System Dedicated parallel pipeline transporting natural gas liquids from the Camisea fields to the Lobería fractionation plant in Ica, where NGLs are processed into LPG and other fuels for the domestic market. Supports 80% of Peru's LPG production with firm Ship-or-Pay capacity of 115,000 bbl/day and total system capacity of 130 MBPD.
• Firm Transportation Service (Natural Gas)

Quantifiable outcome

• TGP transports gas that generates 50% of Peru's electricity
• +6 more outcomes

Named customers20 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature12 records

Partnerships

Nine partnerships are on record, tiered minor and core.

• SNMPE (Sociedad Nacional de Minería, Petróleo y Energía)minorStrategic or Co-development Partner · 1 May 2025TGP joined a mutual collaboration agreement promoted by SNMPE to strengthen emergency response capacity and raise safety standards in the hydrocarbons industry. The initiative enables shared use of specialized equipment and materials with companies including Perú LNG, Refinería La Pampilla, Pluspetrol, Corporación Monte Azul, and Petrotal.
• Tecgas Inc. / COGA (Compañía Operadora de Gas)coreTechnology or IntegrationUnder the BOOT Contracts with the Peruvian State, TGP signed an Operation and Maintenance (O&M) Contract with Tecgas Inc., which through COGA is currently the Operator of the Pipeline Transportation System. COGA handles many operational activities described on TGP's website.
• Acción contra el HambreminorStrategic or Co-development PartnerNGO partner collaborating with TGP on the Nutrition Program in Camaná Community, Cusco region. The program aims to prevent and control anemia in children under 3 years and pregnant women through sessions, educational materials, fairs, and organic vegetable gardens.
• Hay FestivalminorStrategic or Co-development PartnerInternational cultural festival originally from Wales, replicated globally, brought to Ayacucho by TGP. The festival brings together renowned writers, musicians, and artists for dialogue and cultural exchange. TGP works in cooperation with Huamanga Provincial Municipality and Ayacucho Regional Government.
• Asociación KallpaminorStrategic or Co-development PartnerPartner in TGP's scholarship program for young people in Camaná and communities in Bajo Urubamba, Cusco. Supports technical career education for youth under 24 years old from local communities.
• PROSIP (Promotora de Obras Sociales y de Instrucción Popular)minorStrategic or Co-development PartnerPartner in TGP's scholarship program supporting technical education for youth from Camaná and Bajo Urubamba communities in Cusco.
• Summum AwardsminorStrategic or Co-development PartnerTGP identifies and sponsors outstanding local producers along its 730 km route to participate in the Summum Awards event, enabling them to showcase their products to the international market.
• Peruvian Ministry of Health (MINSA)minorStrategic or Co-development PartnerPartner in medical campaigns and COVID-19 prevention initiatives in communities near TGP's operations, including Camaná (Cusco) and Chiquintirca (Ayacucho).
• Machiguenga CommunitiesminorStrategic or Co-development PartnerIndigenous communities along the pipeline route with whom TGP collaborates on the Community Environmental Monitoring Program (PMAC), collecting reliable information about potential impacts of the pipeline transportation system since the beginning of operations.

Scale indicators17 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• TC Energy: TC Energy is one of North America's largest pipeline operators with regulated and long-haul natural gas and liquids systems. It serves as a benchmark for valuation, capital intensity, and risk profile of large-scale regulated pipeline midstream assets comparable to TGP's monopoly franchise.
• Sonatrach: Sonatrach is Algeria's state-owned hydrocarbons major active across upstream, midstream, and marketing. A TGP shareholder, it provides institutional sponsorship and is broadly comparable as a vertically integrated national gas company operating major pipeline infrastructure in a regulated environment.
• Pembina Pipeline Corporation: Pembina operates one of Canada's largest integrated pipeline and midstream networks, including natural gas and NGL transportation systems under long-term contracts. The NGL pipeline business and fee-based revenue model are particularly comparable to TGP's dual NG and NGL pipelines.
• Enagás: Enagás is Spain's national gas system operator and one of the world's largest hydrocarbon pipeline operators. Enagás is also a TGP shareholder, providing technical and operational benchmarking for the BOOT concession — comparable as a mature regulated midstream incumbent rather than a direct competitor.

Regional players

• Gasco (formerly Gas Natural Fenosa LatAm): Gasco is a major natural gas distribution and midstream player in Chile. While its primary market is Chile, its regulated midstream operations and South American footprint make it a relevant regional comparable for TGP's growth trajectory and tariff mechanics.

Direct peers

• Promigas: Promigas operates natural gas transportation and distribution networks across Colombia and northern Peru. It is one of the most relevant peers given its regulated gas pipeline/midstream model, multi-country footprint, and Latin American institutional investor base similar to TGP.
• Transportadora de Gas del Sur (TGS): TGS is Argentina's largest natural gas pipeline operator, transporting roughly 60% of the country's gas and operating the major southern pipeline. It is a near-perfect functional comparable to TGP: regulated, long-distance gas transport monopoly in a South American market with similar ship-or-pay contracting dynamics.
• OCP Ecuador (Oleoducto de Crudos Pesados): OCP operates Ecuador's 485 km heavy crude oil pipeline from the Amazon to the Pacific coast. TGP's COO Andrés Mendizábal was previously Executive President of OCP, and OCP is a directly comparable midstream pipeline operator in the Andean region serving similar upstream producers and downstream customers.
• Compañía Operadora de Gas (COGA): COGA is the contracted operator of TGP's pipeline system under the O&M agreement with Tecgas Inc. It executes day-to-day operations, maintenance, and reliability programs across the 730 km PTS — directly comparable as a Peruvian midstream operator working on the same asset base.
• Transportadora de Gas Internacional (TGI): TGI is Colombia's principal natural gas pipeline operator, part of the Grupo Energía de Bogotá. It runs the country's primary gas transmission system from La Guajira to interior markets — directly comparable to TGP's role as Peru's dominant long-distance natural gas pipeline operator under a regulated concession.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/tgpperu

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 records

Funding overview

Funding rounds1 record

Investors1 record

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 del Peru