GAS TRANSPORTER OF THE SOUTH INC

Foreign Filer Report • Sep 10, 2012

6-K 1 tgspetrobrasagreement.htm TGS html PUBLIC "-//IETF//DTD HTML//EN" En la reunión del día de la fecha, el directorio de Transportadora de Gas del Sur S

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

_______

FORM 6-K

Report of Foreign Issuer

Pursuant to Rule 13a-16 or 15d-16 of

the Securities and Exchange Act of 1934

For September 10, 2012

Commission file number: 1-13.396

Transportadora de Gas del Sur S.A.

Don Bosco 3672, Fifth Floor

1206 Capital Federal

Argentina

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F X Form 40-F

Indicate by check mark if registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): __

Indicate by check mark if registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): __

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to the Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes No X

If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):

September 7, 2012.

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

Ref. Transportadora de Gas del Sur S.A. (“TGS”)

Dear Sirs,

The purpose hereof is to inform you -pursuant to the requirements of the regulations under the United States Securities and Exchange Act- that in its meeting held today, TGS’ Board of Directors approved the transaction for the sale of propane and butane for export between TGS and Petrobras Global Trading BV for the period September 2012 - April 2013 (the “Transaction”).

Prior to the approval of said Transaction and in compliance with section 73 of Law 17,811 of the Argentine Securities and Exchange Commission, the Chairman of TGS’ Board of Directors requested the Auditing Committee to issue a report on said Transaction.

Also today, and based on the documents analysed in connection with the Transaction, said Auditing Committee concluded that the terms and conditions of the Transaction can be reasonably considered under ordinary and regular market conditions.

Finally, it should be pointed out that the Auditing Committee’s opinion is available for consultation by accredited shareholders if so desired, at TGS’ principal office.

Sincerely,

Adrián Hubert

Attorney in Fact

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Transportadora de Gas del Sur S.A.

By:
Name:	Gonzalo Castro Olivera
Title:	Chief Financial Officer

By:
Name:	Nicolás Mordeglia
Title:	Senior Legal Counsel

Date: September 10, 2012

EDGAR Validation Code: 406C2691