English 
Francês 
Alemão 
Italiano 
Japonês 
Norueguês 
Portuguese 
Spanish 
2 min of reading 
Petrobras Informs That the Sale of NTS Is Aligned With Portfolio Optimization and Improved Capital Allocation of the Company
Petrobras announced yesterday (15) that it has begun a new phase in the process regarding the sale of its remaining 10 percent stake in Nova Transportadora do Sudeste S.A. (NTS), the state-owned company also communicated the resumption of the sale of its subsidiary Gaspetro.
Read Also
- Petrobras Puts Four Oil-Fired Thermoelectric Plants Up for Sale
- Petrobras Increases Gasoline Price for the Second Time in a Week
- Vale Mining Projects Demand 38 Job Openings for Welders, Technicians, Engineers, and More!
“Petrobras, following the announcement made on March 31, 2020, has initiated a non-binding phase regarding the sale of its remaining 10% stake in Nova Transportadora do Sudeste S.A. (NTS),” the state-owned company informed.
-
Brazilian giant expands borders in the Southeast: Petrobras confirms new oil discovery in ultra-deep waters in the pre-salt of the Campos Basin.
-
Alert in the global energy market: Severe tropical cyclone hits the coast and disrupts gas production at major plants in Australia, threatening global supply.
-
Petrobras finds high-quality oil in the pre-salt at 113 km from RJ and reignites expectations about strategic reserves in the Campos Basin.
-
Ocyan opens registrations for startups focused on innovation in the oil and gas sector and will select projects for Innovation Day with the support of Nexio.
According to Petrobras, in this phase, qualified potential buyers will receive a descriptive memorandum containing more detailed information about the company in question, as well as instructions regarding the divestment process, including guidance for the preparation and submission of non-binding proposals.
The main subsequent steps of the project will be communicated to the market in due course.
This announcement is in accordance with Petrobras’s divestment guidelines and the special divestment regime for assets by federal mixed-economy companies, as provided for in Decree 9.188/2017.
This operation is aligned with portfolio optimization and improved capital allocation of the company, aiming to maximize value for its shareholders, it concluded.
About NTS
NTS is a company operating in the natural gas transportation sector, currently holding long-term authorizations to operate and manage a pipeline system of approximately 2,000 km with a capacity to transport 158.2 MMm³/d of natural gas.
The NTS pipelines are located in the states of Rio de Janeiro, Minas Gerais, and São Paulo (accounting for 50% of natural gas consumption in Brazil) and connect to the Brazil-Bolivia pipeline, TAG’s transportation network, the LNG regasification terminal in Baía de Guanabara, and the natural gas processing plants produced in the Campos Basin and pre-salt regions.
The other partners in NTS are Nova Infraestrutura Fundo de Investimentos em Participações, an investment fund managed by Brookfield Brasil Asset Management Investimentos Ltda, with an 82.35% equity stake, and Itaúsa with a 7.65% equity stake.
Seja o primeiro a reagir!