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Billionaire investment in São Paulo: pre-salt gas pipelines will be connected to Baixada Santos by Compass Gás e Energia

Written by Flavia Marinho
Published 26/10/2020 às 18:01
pre-salt - gas - gas pipelines

Route 4 will increase gas transport and production capacity in the Santos Basin fields and will take pre-salt gas to Santos

Billionaire investment in São Paulo through pre-salt. A Cosan Group company, Compass Gás e Energia, will invest US$ 2 billion (R$ 11,15 billion) with strategic partners in gas pipelines in the Santos Basin through Rota 4 Participações. Contractor that provided services for works by Petrobras, at Comperj, files for bankruptcy and 200 workers are at a loss

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The Rota 4 project is in the licensing phase and the expectation is that the gas pipeline will start operating between 2027 and 2028. It will take approximately four years to build the structures.

Focusing on gas supply in the Southeast Region, where the sector's largest market in the country is concentrated, Compass Gás e Energia wants a minority stake in the project.

Route 4 is divided into two parts: one called Route 4, which connects offshore pre-salt production to Praia Grande, with a 275 km long gas pipeline (four times the Santos-São Paulo distance).

The other part is Route 4B, a gas pipeline 313 km long, 294 km at sea and 19 km on land, connecting the pre-salt 43 production hub to the Santos Basin to Madeira Island, at the Port of Itaguaí , in Rio de Janeiro.

With the capacity to transport 21 million cubic meters of natural gas per day, Route 4 will increase the transport and production capacity of gas in the pre-salt fields. 

Despite the Group not talking about jobs, but, according to the consultant in strategic planning and professor in the area of ​​research, mineral exploration and oil and natural gas, Juarez Fontana dos Santos, the segment can become a chance to generate jobs and income to Baixada Santista if it is well used.

The Tribuna showed that, in the view of Ricardo Cantarani, responsible for the oil, gas and biofuels area at the São Paulo Secretariat for Infrastructure and Environment, it is essential that the private sector act in the Campos Basin region. For Professor Juarez Fontana, Petrobras' participation should be a minority in the coming years

About a company

Compass is the largest gas distributor in Brazil, with over 18 km of installed network and 2 million customers.

Its area of ​​operation is divided into four segments: distribution of natural gas through Comgás, infrastructure and gas origination, accessing the pre-salt gas supply and importing LNG, gas trading and gas-fired thermal generation, and energy trading electric.

Last month, the company made its first IPO (public offering of shares). The movement is precisely for potential acquisitions and investments in privatizations.s

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Flavia Marinho

Flavia Marinho is a postgraduate engineer with extensive experience in the onshore and offshore shipbuilding industry. In recent years, she has dedicated herself to writing articles for news websites in the areas of industry, oil and gas, energy, shipbuilding, geopolitics, jobs and courses. Contact her for suggestions, job openings or advertising on our portal.

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