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Giant Compagas announces investment of R$ 2,5 BILLION that could transform the Brazilian state

Written by Alisson Ficher
Published 23/08/2024 às 21:43
Giant Compagas announces investment of R$2,5 BILLION that could transform the Brazilian state. (Image: reproduction)
Giant Compagas announces investment of R$2,5 BILLION that could transform the Brazilian state. (Image: reproduction)

Imagine a future where Paraná becomes a national reference in gas distribution, driving large-scale economic growth and promoting sustainability.

It seems far away, but it's about to happen! THE Paraná Gas Company (Compagas) announced an audacious plan that promises to completely change the state's energy infrastructure. But, what is behind this surprising decision and how will it impact the lives of the people of Paraná?

What is really behind the billion-dollar investment?

Compagas revealed a colossal investment of R$2,5 billion for the next 30 years, consolidated in the new concession contract that recently came into force, in July 2024.

Of this amount, R$505 million will be invested in the first five years, mainly intended for expanding the gas distribution network in Paraná.

This initial investment is just the tip of the iceberg in a project that promises to revolutionize the state's infrastructure.

Expansion and internalization of the gas network by Compagas

One of the main goals of this plan is expand the channelized distribution network by 122% by 2054, with the construction of more than a thousand kilometers of new gas pipelines. This will allow the supply of piped gas to serve 22 new cities in Paraná, bringing the total to 34 municipalities. The economic impact will be significant, as these regions represent 70% of state GDP.

Focus on sustainability: the role of biomethane

The commitment to sustainability is another pillar of this investment. Compagas intends include biomethane in your supply portfolio, which represents a big step towards decarbonization, especially for industries.

Compagas CEO, Rafael Lamastra Jr, highlighted the importance of this movement, stating that the company is determined to provide renewable and efficient gas, aligned with global sustainability trends.

The first five years: what to expect from Compagas?

In the short term, the first five years of project execution will prioritize expansion of the supply of natural gas and biomethane in distribution networks.

The regions of Northern Paraná and Lapa will be the main beneficiaries, with the forecast of connecting more than 34 thousand new users and building 250 km of new distribution networks by 2029.

Expected growth in several sectors

Compagas' projection includes a significant increase in the user base and gas distribution across different sectors.

The expectation is for a 47% growth in the user base and expansion of the volume of natural gas distributed in segments such as residential (84%), industrial (34%), commercial (21%) e vehicle (16%).

This means that 342 new businesses, 87 industries and six new CNG stations will be connected to the gas network by 2029.

In the long term: impacts beyond the economy

Compagas' new concession contract, valid until July 2054, projects not only the physical expansion of the gas network, but also a substantial increase in service capacity and the sustainability of operations.

Over the next 30 years, the plan includes connect more than 60 thousand new customers and ensure that all 10 mesoregions of Paraná are served by the gas network.

This billion-dollar investment places Paraná at the forefront of Brazil's energy infrastructure, and the use of biomethane as a sustainable fuel highlights Compagas' concern with environmental issues.

With this initiative, the company not only drives economic growth, but also contributes to a greener and more sustainable future for the state.

What will be the impact of this investment for Paraná?

Compagas is transforming Paraná into a model of economic development and sustainability. But will this billion-dollar investment really bring all the promised benefits? Or could unexpected challenges arise along the way?

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Alisson Ficher

Journalist graduated in 2017 and working in the field since 2015, with six years of experience in print magazines and over 12 thousand online publications. Specialist in politics, jobs, economics, courses, among other topics. If you have any questions, want to report an error or suggest a topic on the topics covered on the site, please contact us by email: alisson.hficher@outlook.com. We do not accept resumes!

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