Promigas announced earnings results for the third quarter ended September 30, 2014. For the period, the company reported operating revenue of COP 282,396 million against COP 214,192 million a year ago. Operating profit was COP 214,539 million against COP 161,021 million a year ago.

Net income was COP 293,768 million against COP 368,258 million a year ago. EBITDA was COP 65,871 million against COP 41,476 million a year ago. Operating revenues grew as a result of higher transported volume due to more severe hydrological conditions during 2014; and Gascaribe within the network construction contract.

The increased in operating profit was on account of costs registered on works undertaken at Gases del Caribe and payment agreements to complete the Caño Clarín and Corpamag dredging contract.