Gases de Boyacá y Santander (GBS) (a Promigas subsidiary)
Quick Facts
Country of Operation:
Colombia
Business Segment:
Natural Gas Transportation & Services
Asset Details:
196 miles of natural gas pipelines
Operating Since:
1999
AEI Ownership:
49.54%
GBS operates a pipeline in Boyacá and Santander in Colombia. GBS has a capacity of 62 mmcfd.
GBS operated under a Build, Operate, Maintain and Transfer (BOMT) agreement with Empresa Colombiana de Gaswhich expired in October 2009. Under the terms of the BOMT, ownership of the pipeline reverted to TGI.
Promigas provides operations and maintenance services for GBS under a long-term cost-plus contract, which includes incentives for shared services.