Petrobras Sells Entire Stake in Brazil-Bolivia and TSB Gas Pipelines

In The Statement, Petrobras Informs That The Sale Of The Brazil-Bolivia And TSB Pipelines Is Aligned With The Company’s Portfolio Optimization Strategy

Petrobras announced in a relevant fact this morning (12/23) that it has started the sale of its entire 51% stake in the Bolivia-Brazil Gas Transporter (TBG) and 25% stake in the Southern Brazilian Gas Transporter (TSB). Braskem Chemical Company Secures Billion-Dollar Contracts With Petrobras

Also Read

• Shipbuilding – WilsonSons To Build A Series Of Six Tugs At The Company’s Shipyard In São Paulo
• Enauta Decides To Take 100% Of Atlanta And Will Launch A Tender For Chartering An FPSO
• Petrobras Discovers High-Quality Oil And Reinforces The Potential Of The Pre-Salt In The Búzios Field

In The Statement, Petrobras Informs That The Operation Is Aligned With The Portfolio Optimization Strategy And The Improvement Of The Company’s Capital Allocation, Focusing More And More Its Resources On World-Class Deep And Ultra-Deep Water Assets

About TBG And TSB – Petrobras

TBG Is A Company Involved In The Transportation Of Natural Gas And Is Present In Brazil’s Main Economic Corridors, In The Midwest, Southeast, And South Regions, Being The Owner And Operator Of The Bolivia-Brazil Pipeline In Brazilian Territory.

Its pipeline extends 2,593 km, with a transportation capacity of up to 30 million m3/day along the pipeline and an additional 5.2 million m3/day in the section in São Paulo.

TSB Is Located In Rio Grande Do Sul, With 50 km Of Pipes Already Installed And A Project For An Additional 565 km That, Once Completed, Will Allow The Connection Of Production Fields In Argentina To The Metropolitan Region Of Porto Alegre And The TBG Pipeline.

Check The Teaser, Which Contains The Main Information About The Opportunity On Petrobras’s Website, At This Link.

More Information Can Be Obtained On The Websites Of TBG And TSB