After Being Released by the Supreme Federal Court (STF), Petrobras Completes Sale of TAG

Written by Paulo Nogueira

Published on 13/06/2019 at 19:58

Updated on 13/06/2019 at 20:04

Be the first to react!

As Soon As Authorized By The STF, Petrobras Finally Completed The Sale Of Its Gas Pipeline Network To ENGIE And CDPQ

Petrobras Completed On Thursday (6/13) The Sale Of 90% Of Its Stake In Transportadora Associada De Gás S.A. (“TAG”) To The Group Formed By ENGIE And The Canadian Fund Caisse De Dépôt Et Placement Du Québec (CDPQ). The Closure Of The Transaction Occurred With The Total Payment Of R$ 33.5 Billion To Petrobras, With Approximately R$ 2 Billion Destined For The Settlement Of TAG’s Debt With BNDES.

“Petrobras Will Continue To Use The Natural Gas Transportation Services Provided By TAG, Through The Existing Contracts Between The Two Companies, Without Any Impact On Its Operations And The Delivery Of Natural Gas To Its Customers.”

ARTICLE CONTINUES BELOW

Check Below The Companies Petrobras May Sell

Petrobras Distribuidora
Petrobras Biocombustível
Liquigás
Breitener Energética, UTEs
Logum Logística SA
Petrobras Logística De Gás S.A. And TBG

Source: Petrobras

After Being Released by the Supreme Federal Court (STF), Petrobras Completes Sale of TAG

As Soon As Authorized By The STF, Petrobras Finally Completed The Sale Of Its Gas Pipeline Network To ENGIE And CDPQ

Check Below The Companies Petrobras May Sell

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

Spain installs two giant pipelines 2.2 km off the coast to draw water from the Mediterranean and supply a megafacility capable of producing 200 million liters of drinking water per day.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

In a country where about 75% of the territory is mountainous and little land is left for planting, Japan has turned scarcity into luxury, selling pairs of Yubari melons for amounts that reached nearly US$ 45,000 and cultivating the true wasabi that 90% of the world has never tasted.

Abandoned boars and pigs in Fukushima create fast-breeding hybrids and turn the nuclear area into a natural laboratory

A bi-oceanic railway is expected to connect the Brazilian coast to the Chinese port of Chancay in Peru and cross the South American continent from coast to coast. It is part of the same package of R$ 140 billion in railways that the government is opening to investors later this year.

Japan is about to launch a satellite that captures solar energy in space and sends electricity to Earth in the form of microwaves. The technology promises to generate energy 24 hours a day without relying on clouds, night, or solar panels on the ground.

Program with 630 free spots for female professional qualification expands access to strategic courses in high-demand areas and strengthens inclusion in the job market with practical training, professional certification, and new employment opportunities in different sectors.

After Being Released by the Supreme Federal Court (STF), Petrobras Completes Sale of TAG

As Soon As Authorized By The STF, Petrobras Finally Completed The Sale Of Its Gas Pipeline Network To ENGIE And CDPQ

Check Below The Companies Petrobras May Sell

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

Spain installs two giant pipelines 2.2 km off the coast to draw water from the Mediterranean and supply a megafacility capable of producing 200 million liters of drinking water per day.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

Country ‘tears’ the sea with 340-meter underwater tunnels under the Atlantic to capture saltwater and build a megaproject capable of producing up to 100 million liters of drinking water per day in West Africa.

Country ‘tears’ the sea with 340-meter underwater tunnels under the Atlantic to capture saltwater and build a megaproject capable of producing up to 100 million liters of drinking water per day in West Africa.

Country ‘tears’ the sea with 340-meter underwater tunnels under the Atlantic to capture saltwater and build a megaproject capable of producing up to 100 million liters of drinking water per day in West Africa.

Taller than the Statue of Liberty, thousands of wind turbines are being planted in the middle of U.S. fields, creating two-story farms where corn and soybeans grow below while the wind turns into electricity above.

Volkswagen trucks hit the track in a comparison between the Meteor 29.530, designed for operations up to 74 tons, and the Constellation 20.480, which relies on 480 horsepower for those seeking robustness in a 4×2 tractor unit.

In a country where about 75% of the territory is mountainous and little land is left for planting, Japan has turned scarcity into luxury, selling pairs of Yubari melons for amounts that reached nearly US$ 45,000 and cultivating the true wasabi that 90% of the world has never tasted.

Abandoned boars and pigs in Fukushima create fast-breeding hybrids and turn the nuclear area into a natural laboratory

A bi-oceanic railway is expected to connect the Brazilian coast to the Chinese port of Chancay in Peru and cross the South American continent from coast to coast. It is part of the same package of R$ 140 billion in railways that the government is opening to investors later this year.

Japan is about to launch a satellite that captures solar energy in space and sends electricity to Earth in the form of microwaves. The technology promises to generate energy 24 hours a day without relying on clouds, night, or solar panels on the ground.

Program with 630 free spots for female professional qualification expands access to strategic courses in high-demand areas and strengthens inclusion in the job market with practical training, professional certification, and new employment opportunities in different sectors.