2023 Is Expected to Mark the Privatization of Compagas. Company Aims to Expand Piped Gas Throughout the State of Paraná

The Expectation Is That The Privatization Of Compagas Will Effectively Happen This Year. The Company, From Paraná, Works With Piped Gas And Sees In The Opportunity A Path For Expansion, Something That Had Been Happening Slowly Until Now.

The President of Compagas, Rafael Lamastra Júnior, Sees The Privatization Of The Company As The Key To Accelerating The Expansion Process Of One Of The Major Players In The Piped Gas Segment. The Distributor From Paraná Aims To Gain More Strength In Its Own State Over The Next Few Years.

Speculations Of A Financially Viable Year For All Excite The Company’s Team

The High Expectations For 2023 Come After A Troubled Commercial Period Throughout 2022.

In Recent Months, Gas Has Lost Potential Compared To Other Fuels And Has Become Increasingly Inaccessible To The Public, Affecting Compagas’ Expansion Plan.

However, The Current Year Already Points To A More Positive Scenario, Leading Lamastra To See Even A Decrease In Piped Gas Tariffs.

For The President Of Compagas, The Reduction Could Reach Up To 20% Starting In February, Allowing The Fuel To Regain Its Potential And Surpass Its Competitors.

Liquefied Petroleum Gas (LPG) Was, In 2022, One Of The Main Threats To Piped Gas, Mainly Due To The Price Adjustment By Petrobras.

As Lamastra Said: “LPG Is Our Major Threat, They Do Not Have Regulated Prices.” This Was One Of The Factors That Led Compagas To Face A Difficult Year, But The Company’s President Adds: “The Year 2022 Was A Bad Year For Our Commercial Area, But I See A Good Outlook For Market Recovery.”

Changes In The Company’s Capital May Accelerate Network Expansion, According To Lamastra

Recently, Compass Entered Compagas’ Capital As A Minority Partner. The Changes, Although Minimal, Transform The Company’s Dynamics And Can Provide The Necessary Boost For Greater Achievements, A Point Reinforced By The President Himself.

“We Feel They Are Very Committed, Concerned With The Commercial Area, With The Expansion Plan. With This Level Of Goals, I Don’t Know If The Way The Former Partner Operated Would Keep Up With The Need,” Meaning The Speed At Which The Company Is Transforming Is Encouraging From A Commercial Standpoint, And Privatization Could Bring Even Better Results.

Lamastra Is Very Emphatic In Stating That Any Path Contrary To Privatization Will Prevent Compagas From Expanding To Its Full Potential.

The Goals Set By The Team Internally Could Be Achieved In A Scenario Of Privatization.

When Arguing About His Point Of View, The President Cites Several Factors, Including The Difficulties Imposed By The Procurement Law, For Example: “Through Public Competitions, We Often Cannot Capture The Best Talents. We Cannot Hire The Best Service Providers. We End Up Hiring Those Who Eventually Offer The Lowest Price. Sometimes The Ideal Is An Equation That Combines Price With Quality,” He Said.

The Current Picture Of Compagas Is Distributed As Follows: 51% Of The Shares Belong To Copel, While Commit Holds 24.5% And Mitsui Also Holds 24.5%.

The Expansion Of Piped Gas Throughout The State Of Paraná Is One Of The Main Goals Set By Compagas And Can Be Achieved, According To The Company’s President, Through Its Privatization. There Is Still No Confirmation Regarding This.