Gases del Caribe distributes and commercializes natural gas as a clean energy source, improving the quality of life of the community through its excellent service.
Gases del Caribe
Gases del Caribe was created in 1967 and, currently, has 429 direct employees and generates more than 1.800 formal indirect jobs.
The company’s main headquarters are located in Barranquilla, and it provides service coverage along the Colombian Atlantic Coast, including the departments of Atlántico, Magdalena, Cesar, and Bolívar.
The company has adopted natural gas as a vehicle fuel, benefiting over 20,000 users in the cities and municipalities where it operates. This includes both mass transit and heavy-load transportation.
In 2024, the company achieved a network coverage of 95% by connecting 45,008 new users in the Caribbean region, across 277 towns, bringing the total to nearly 1.2 million users. Most of the new users belong to socio-economic levels 1 and 2.
Gases del Caribe completed its first securities issuance on the Colombian Stock Exchange (BVC), raising COP 526.220 million, with a bid-to-cover ratio of 1.06, making it the largest allocation in the local market in 2024.
Gases del Caribe financial information
Figures expressed in millions of dollars (USD).
Valorem managerial calculations.
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