Gas Natural del Oriente S.A. (Colombian Stock Exchange: GASORIENTE)


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Business Description
Gas Natural del Oriente SA ESP is a Colombia-based company engaged in the gas utilities industry. The Company’s main activities comprise the distribution and marketing of natural gas in the city of Bucaramanga, as well as its neighboring municipalities of Piedecuesta, Lebrija, Grion, Floridablanca, Puerto Wilches, San Pablo, Cantagallo and Sabana de Torres. As of December 31, 2011, the Company owned one subsidiary Gas Natural del Cesar SA ESP, as well as it also held minority stakes in such entities as Transoriente SA ESP, Compania Transportadora y Distribuidora Gas Venezuela and Transgas de Occidente SA, among others, and Gas Natural SA ESP was its majority shareholder with 54.49% of its interest.