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Home > Company Index > Utilities > Gas Utilities > MetroGas S.A.

MetroGas S.A.
NYSE: MGS
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 PROFILE
MetroGas heats up the Buenos Aires metropolitan area. MetroGas is Argentina's largest natural gas distributor, serving nearly 1.9 million customers -- 27% of the gas market. One of nine companies formed when Gas del Estado was privatized in 1992, MetroGas was granted a 35-year exclusive distribution license. The utility's service area consists of Buenos Aires and 11 southern municipalities of Greater Buenos Aires. More than half of MetroGas' sales are to residential consumers; it also sells gas to power plant operators and commercial and industrial customers. Gas Argentino, which is controlled by British Gas' production and distribution wing, BG, owns 70% of MetroGas.

 COMPETITION
Italgas - Societa Italiana per il Gas p.A. (IG)
LG&E Energy Corp. (dossier)
Perez Companc S.A. (PC)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 718.50
1-Yr. Sales Growth: 3.7%
Employees: 1,975
Revenue per employee: $363,797.47

 KEY PEOPLE
• William Adamson
    CEO
• Luis Domenech
    CFO

 CONTACT INFO
Gregorio Araoz de Lamadrid 1360
CPA C 1267 AAB Buenos Aires, Argentina
Phone: 54-11-4309-1010
Fax: 54-11-4309-1025
Online: Web Site

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