Southeast Gas Pipeline Company Plans to Invest 900 Million Reais in the Next Five Years

Written by Renato Oliveira

Published on 01/08/2019 at 15:49

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Company Sold by Petrobras in 2017 Prepares to Have More Than Just Petrobras as a Client with the Opening of the Gas Market Promoted by the Federal Government

The president of Nova Transportadora do Sudeste (NTS), Wong Loon, stated last Tuesday (07/30) that the company plans to invest 900 million reais in the next five years due to the implementation of the new gas market in the country.
The company is preparing for future expansion of the network and attracting new clients beyond Petrobras, today NTS is responsible for a network of over 2000 kilometers of gas pipelines that connect the states of Rio de Janeiro, Minas Gerais, and São Paulo (responsible for 50% of gas consumption in Brazil) to the Brazil-Bolivia pipeline, LNG terminals, and gas processing plants.

NTS’s pipelines connect Brazil’s most industrialized region and distribute 158.2 million m³ of gas per day, and its control was sold by Petrobras for over 5 billion dollars to Brookfield in April 2017.

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The Government’s Plans

According to government plans, there is a forecast for Petrobras’s complete exit from the transportation and distribution sectors and the entry of new private investments.

The president of NTS also stated that the company’s partners want to buy the 10% of shares still held by Petrobras, which has already indicated its intention to sell, but discussions have not yet begun.

It is worth noting that TAG (Transportadora Associada de Gás) was sold by Petrobras to a group led by the French Engie for 33.5 billion reais.
TAG, like NTS, also wants to invest in the expansion of the network of pipelines but is also waiting for the opening of the market, as it shares the same concern as NTS due to the companies having a single client.

Southeast Gas Pipeline Company Plans to Invest 900 Million Reais in the Next Five Years

Company Sold by Petrobras in 2017 Prepares to Have More Than Just Petrobras as a Client with the Opening of the Gas Market Promoted by the Federal Government

The Government’s Plans

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Southeast Gas Pipeline Company Plans to Invest 900 Million Reais in the Next Five Years

Company Sold by Petrobras in 2017 Prepares to Have More Than Just Petrobras as a Client with the Opening of the Gas Market Promoted by the Federal Government

The Government’s Plans

Mother and daughter build a 70 m² house with more than 8,000 discarded glass bottles and impress with their creativity; known as the Casa de Sal, the property is located on Itamaracá Island, in Pernambuco.

Workers were opening a new road connection near the Marginal Tietê when they found, in the underground of the construction site, remnants of locomotives, wagons, and boilers from the 19th century linked to the forgotten history of Lapa.

Instead of burning or burying old tires, an American city is transforming about 2,000 of them into the street itself, paving its first sections with a quieter and more durable rubber asphalt.

China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

Greek island offers free housing for volunteers, but there’s a condition: you need to take care of rescued cats.

China has deployed snake-shaped robots to slide along power lines, where they have already inspected over 130 kilometers of cables using cameras and sensors to detect damaged wires, worn-out parts, and overheating.

Engineers want to carve through Africa with a giant canal to bring water from the world’s second-largest river to a dying lake on the edge of the Sahara Desert that has already lost 90% of its water.

Government announces R$ 370 million for those who preserve the forest and an unprecedented initiative places traditional Amazonian communities at the center of conserving a vast area.

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New technology starts monitoring 300,000 hectares in Mato Grosso do Sul in an initiative by Suzano that combines sensors, continuous monitoring, and advanced data analysis, allowing for quick identification of threats and enhancing regional environmental protection.

Thai girl sees hornbills on a school trip, discovers that species are declining and creates artificial nests with repurposed plastic; at 17, the project engages communities, protects chicks, and wins an international environmental award for young innovators.

Cabana do Pai Tomás will undergo an urbanization project with a confidential value, new housing, and slope containment in a project funded by the World Bank.

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Everyone complains, but everyone stops: Rede Graal charges R$ 20 for a coxinha, earns R$ 2 billion a year, and turned clean bathrooms, bus drivers, and hot bread into a billion-dollar machine on Brazil’s highways.