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Gas Natural S.A. E.S.P.

Company Detail

Description

Gas Natural S.A. ESP is a Colombian gas company engaged in the distribution and sale of natural gas in the city of Bogotá, and the municipalities of Soacha, Sibaté, La Calera, El Rosal, La Mesa and Anapoima, located in the Cundinamarca department. Its majority shareholder is Gas Natural Internacional, S.A., SDG, with a 59.06% interest, followed by Empresa de Energía de Bogotá S.A., ESP (25%). The company has four business segments: residential, industrial, commercial and vehicle natural gas, with industrial clients accounting for the biggest share of company's gas sales (50.8%). Its client base totals over 2 million users and has a distribution network of 12,959km. Gas Natural S.A. ESP's two gas suppliers are the Gibraltar and Guajira fields, accounting for 10% of its contracts, and the Cusiana and Cupiagua fields, accounting for 90%. The gas distributor is headquartered in Bogotá, and it was incorporated in 1987.

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