Seeking funding for the gas pipeline of Transportadora Sulbrasileira de Gás (TBS) was the purpose of the trip to Montevideo by the governor of the state
The governor of the state of Rio Grande do Sul, Eduardo Leite, is seeking financing for the construction of a gas pipeline between Uruguaiana and Porto Alegre and met with François Borit, representative in charge of CAF (Development Bank of Latin America) in Montevideo. The amount claimed by the governor is US$ 600 million. Natural Gas continues to attract attention and the ANP has authorized two more companies to work in the sector.
The project comprises a gas pipeline between Uruguaiana and Porto Alegre, a project by Transportadora Sulbrasileira de Gás (TBS) and will have 565 km, closing the ring in the Southern Cone and which will make it possible to supply the markets with Argentine and Brazilian natural gas.
According to the governor of Rio Grande do Sul, with the construction of the pipeline, it will be possible to bring the natural gas produced in the region of Vaca Muerta, in Argentina, to Brazil.
“We discussed the possibility of this agency being a financing bank for important projects, especially related to the gas pipeline. As the federal government has an aggressive policy to reduce gas costs in Brazil, bringing gas from the so-called Bacia de Vaca Muerta, in Argentina, to Brazil could be something interesting and, therefore, we are looking for ways to do so”, declared the governor.
owner of the pipeline
TBS has Petrobras, Ipiranga, Repsol and Total as partners and the complete gas pipeline project in Rio Grande do Sul comprises phase 1 already implemented with two 25 km stretches (at both ends) already built.
At the west end, the connection is with the gas pipeline of Transportadora de Gás del Mercosur SA (TGM) and at its east end, with the gas pipeline of Transportadora Brasileira Gasoduto Bolivia-Brasil, Gasbol. The total project has 615 km.
Today TBS has a contract with Sulgás, which distributes natural gas from Rio Grande do Sul, on the Uruguaiana side, to supply the Uruguaiana Thermoelectric Power Plant and, on the Canoas side, to transport Bolivian gas, destined for the Southern Petrochemical Complex.
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