Petrobras teases pipelines, concludes Liquigás sale

Petrobras teases pipelines, concludes Liquigás sale

Corporate & Sovereign Strategy Economy & Policy Equity Debt M&A Energy Gas Brazil Latin America

Brazil's state-owned oil company Petrobras said Wednesday that it had issued the bidding documents for its stakes in two natural gas pipeline operators and closed the BRL4 billion ($767 million) sale of its subsidiary Liquigás Distribuidora, according to regulatory filings. Petrobras is selling its entire 51% stake in Transportadora Brasileira Gasoduto Bolivia-Brasil (TBG) and a 25% interest in Transportadora Sulbrasileira de Gás (TSB), according to the teaser document. TBG transports gas to nat

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial