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COMMON STOCK AND DIVIDENDS (Tables) | 12 Months Ended
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Dec. 31, 2018
COMMON STOCK AND DIVIDENDS [Abstract] |
Common Stock | As of December 31, 2018, TGS’ common stock was as follows:
|  | Amount of common stock, subscribed, issued, paid in, and authorized for public offer |
Common Shares Class (Face value $ 1, 1 vote) |  | Outstanding shares |  |  | Treasury Shares |  |  | Common Stock |
Class “A” |  |  | 405,192,594 |  |  |  | - |  |  |  | 405,192,594 |
Class “B” |  |  | 375,701,909 |  |  |  | 13,600,780 |  |  |  | 389,302,689 |
Total |  |  | 780,894,503 |  |  |  | 13,600,780 |  |  |  | 794,495,283 |
Dividends Distribution | Under the powers delegated by the Shareholders’ Meeting held on April 10, 2018, the Board of Directors ordered the payment of the following cash dividends:
Approval date |  | Amount |  |  | Amount per share |
07/06/2018 |  |  | 1,125,562 |  |  |  | 1.4167 |
08/08/2018 |  |  | 1,449,300 |  |  |  | 1.8242 |
09/06/2018 |  |  | 1,754,326 |  |  |  | 2.2081 |

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