MetroGAS S.A. reported earnings results for the first nine months of 2009. The company posted a CLP 12.189 billion net profit for the first nine months of 2009 against a CLP 16.518 billion net loss in the same period last year. Consolidated operating revenues fell 8% year-on-year to CLP 121.918 billion, while sales costs decreased 17.6% to CLP 86.173 billion. Sales volumes increased amid the improved natural gas availability and slightly lower temperatures.

MetroGAS S.A. reported earnings results for the third quarter and nine months of 2009. The net profit dropped 90.7% year-on-year to ARS 1.3 million (USD 340,700/EUR 227,100) in the third quarter of 2009. The decrease was due mainly to unfavourable exchange rate fluctuations, linked to the company's debt. Consolidated sales rose 27.5% year-on-year to ARS 354.9 million, but Metrogas' operating profit shrank by 6.8% to ARS 48.9 million amid increased costs. In turn, the financial result was an ARS 39.9 million loss, compared with an ARS 29.8 million loss in the third quarter of 2008. The company posted an ARS 38.3 million net loss for the first nine months of 2009 against an ARS 75.9 million net profit for the same period last year, attributed again to negative exchange rates as well as to increased costs.

MetroGAS S.A. has terminated its contract with TGN and Aguada Pichana consortium made up of Total, Pan American Energy and Wintershall. Metrogas terminated the contract due to the companies' repeated failure to meet contractual obligations. The distributor will stop monthly take or pay transportation payments made to TGN of $2.65 million and could seek damages for breach of contract worth a preliminary $202 million. The company would continue to guarantee supply to its customers through the new LNG regasification plant in the central port of Quintero.