Fluxys eyes entry into Brazilian market

Fluxys eyes entry into Brazilian market

M&A Equity Project & Infrastructure Finance Energy Gas Brazil Europe Canada

Belgian natural gas pipeline operator Fluxys could enter the Brazilian market by acquiring a stake in the Nova Transportadora do Sudeste (NTS) natural gas pipeline, either by making a bid for the 10% share held by Petrobras or by buying a stake from Canada's Brookfield, according to two sources.Petrobras, Brazil's state-owned oil company, is selling its stake in NTS as part of a five-year divestment program and called for non-binding offers on May 15. Brookfield bought 90% of NTS for $5.2 billio

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