Negotiation of Interest Sale in Gasmig

Source: www.gulfoilandgas.com 7/16/2014, Location: South America

Petrobras announces that, in line with its Business and Management Plan which provides for divestment of assets abroad and in Brazil, is negotiating with Cemig - Companhia Energetica de Minas Gerais to sell its 40% interest in Gasmig.

Gasmig is the sole distributor of piped natural gas in the state of Minas Gerais and is responsible for the distribution of 4.1 million m³/day of natural gas through a network of gas pipelines of around 850 km.

Petrobras will closely inform the market and its shareholders about the progress of this operation.

For more information about related Opportunities and Key Players visit Brazil Oil and Gas Projects


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Related Categories: General  LNG Carriers  LNG Terminal  Natural Gas Storage  Oil and Gas Pipeline  Oil Storage  Railways  Tank Truck  Tankers 

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