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| World Bank-Promigas Agreement to Promote Widespread Use of Natural Gas in Colombia |
May, 2008
Promigas Arranges World Bank Funding to Help to 35,000 Low-income Households Enjoy the Benefits of Natural Gas
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| The leading company in the natural gas sector presented its annual report |
Barranquilla, March 27, 2008
Promigas’ annual report shows important accomplishments nationwide and internationally. The company continued to expand its interest in operations in other Latin American countries. As a direct investor, it purchased 40% of Cálidda, a natural gas distribution company in Lima, Peru. With respect to companies in which Promigas has controlling interest, Organización Terpel entered the market in Panama and Chile, and Gazel consolidated its operations in Peru, Mexico and Chile.
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| A Line of Credit for Natural Gas Residential Customers Who Pay on Time |
June 4, 2006
Gases del Caribe, Surtigas, Gases de Occidente and Promigas have joined forces to offer customers in Cali, Norte del Valle, Bolívar, Córdoba, Sucre, Atlántico, Cesar and Magdalena a new service designed for better living through access to credit.
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| Summary of the Promigas Annual Activity Report for 2006 Presented at the Shareholder’s Meeting |
March 27, 2007
As always, after reviewing Promigas accomplishments in 2006, the President of the company, Mr. Antonio Celia, commented on the economic outlook for Colombia and worldwide. With respect to Colombia, he noted: “Investor and consumer confidence has increased, thanks to a general economic stability and action taken by the State, as evidenced by an increase in both household and consumption exports. Purchases of durable goods obtained an unprecedented increase during the past year.”
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| Promigas in Peru |
| Promigas and Ashmore Energy International signed an agreement to acquire 100 % interest in Cálidda, a natural gas distribution company in Lima and Callao that belongs to Suez-Tractebel and Energía del Sur S.A. Promigas will have 40% of the shares and Ashmore Energy International (AEI), the other 60%.
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| According to a Study by the Colombian Stock Exchange
Promigas Excels in Corporate Governance Practices |
| January 29, 2007.
The Colombian Stock Exchange surveyed corporate governance practices among 335 companies in the country. The results of that analysis highlight the indicator for Promigas, which is far and above average with respect to good governance practices.
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| IFC Applauds Promigas for its Service to the Community |
January 29, 2007
The International Finance Corporation (IFC), a member of the World Bank group, applauded what Promigas has done to further the country’s economic and social development. The company’s contribution was highlighted in Making a Difference, a publication that outlines the experiences of 22 private companies around the globe whose work generates opportunities and helps to improve people’s standard of living.
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| Presentation of the Report on the Natural Gas Sector in Colombia |
| The 2005 Report on the Natural Gas Sector in Colombia was presented on September 27, 2006 during a working breakfast at Club El Nogal in Bogotá.
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| Promigas Certifies Its Environmental Management and Occupational Health and Security Systems |
| Promigas has ISO certification 14001:2004 and OHSAS 18001:2000 for the design, construction, operation and management of its natural gas transmission and distribution systems. Both certifications were granted by ICONTEC.
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