Mato Grosso Becomes Self-Sufficient in Gas Supply Thanks to MT Gás Company

The Gas Company of Mato Grosso do Sul, MT Gás, has defined the return of natural gas supply to the state of Mato Grosso through a contract with Bolivia for 10 years and has promoted the use of fuel in the state of Mato Grosso.

With the market return, MT Gás of Mato Grosso do Sul has become self-sufficient and closed the year with a surplus. The main beneficiaries of the supply return were vehicle drivers, particularly app drivers and taxi drivers. Industries also estimate savings of up to 50% with the use of natural gas compared to other fuels.

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MT Gás Returns to Collecting and Solves the Capitalization Issue in Mato Grosso

With the supply return, MT Gás of Mato Grosso has resumed collecting, thereby solving the legal issue that caused the company to lose cash paying corporate income tax.

“We received R$ 13.6 million in refunds of improperly paid corporate income tax on operations over the last few years, after much work by our legal advisors, the directors, and the president to recover these funds. The amount will be invested in the state-owned company’s core activities, as directed by Governor Mauro Mendes, and with the support of Secretary of Economic Development, Cesar Miranda,” explains the Administrative and Financial Director, Manoel Antônio Garcia Palma.

MT Gás Partners with MT PAR

With this funding, it will be possible to build pipelines to supply gas to the Industrial District of the city of Cuiabá, where there is the largest number of companies that use gas and the greatest potential for the adoption of new industries, which may attract investors drawn to the low cost of the fuel.

Having formed a partnership with MT PAR Participations and Projects, it is now in the bidding phase for hiring a specialized company to develop the project for infrastructure stations and pressure reduction in gas distribution branches. The bidding will take place on January 13 of next year.

The management of MT Gás in Mato Grosso has regularized the administrative and accounting aspects, in addition to addressing the observations of the CGE and TCE. “With all the adjustments made, we are prepared for the management of the new projects of MT Gás,” concludes the president.