Petrobras to Sell its Stakes in TBG and TSB

Source: www.gulfoilandgas.com 12/23/2020, Location: South America

Petrobras informs that it has started the opportunity disclosure stage (teaser), referring to the sale of its entire 51% stake in Transportadora Brasileira Gasoduto Bolivia-Brasil (TBG) and 25% in Transportadora Sulbrasileira de Gás S.A. (TSB).

This transaction is in line with the portfolio optimization strategy and with the improvement of the company’s capital allocation, increasingly concentrating its resources in deep and ultra-deep waters, where Petrobras has demonstrated great competitive edge over the years.


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