Portuguese 
English 
Spanish 
3 min of reading 
Compagas Is Finalizing Its Privatization Cycle and Will Further Expand, Causing Natural Gas Prices to Decrease in Paraná
Compagas is preparing for a privatization process while reaching the final stage of a successful natural gas distribution concession cycle in Paraná. For Compagas, 2021 is a decisive year for its history and for the new era of natural gas participation in Paraná’s energy matrix. The company in Paraná expanded its natural gas network by about 842 km, ensuring investment attraction to Paraná, as well as competitiveness for products that relied on this cheaper and more sustainable type of energy.
Read the Latest News of the Day
Compagas and Its End of Cycle in Paraná
According to Rafael Lamastra Jr, CEO of Compagas, the company is finalizing a privatization cycle, and the Government signals with the renewal of the concession as provided by law. As a way to support and stimulate the development of industries in other regions, it is seen as inevitable that one of the established goals in this new arrangement will be the interiorization of the natural gas network.
The company’s network, which is in privatization, reaches up to Castro and has witnessed the strategic importance that the availability of natural gas is playing in the growth of industries, for example, those in Ponta Grossa. Thus, it makes complete sense, in a strategic government plan, to extend Compagas’s natural gas network further into the interior of the State.
-
Petrobras evaluates suspension of sales to distributors and considers canceling the cooking gas auction following guidelines from the Federal Government.
-
Lula reveals a masterstroke by Petrobras to undo a deal made by Bolsonaro, which involves the return of an important refinery that currently produces less than half of what was expected and makes Brazil dependent on international diesel.
-
A study confirms that the natural gas sector will reduce greenhouse gas emissions in Brazil by 0.5% and accelerate the energy transition by 2026.
-
Petrobras implements a severe adjustment and confirms a 55% increase in the price of aviation kerosene with a proposal for installment payments for the companies.
Company Goals After Privatization
This year, the company plans to invest R$ 18.7 million, and by 2024, the resources may reach R$ 47.5 million, which will be applied to the expansion of the piped natural gas distribution network, diversifying service in its operating area across residential, commercial, industrial, and vehicular segments.
During this same period, the company aims to expand the distribution network by 3.5%. Furthermore, it has been strategically working to raise its customer base and reach the mark of 58,000 consumers in the state by 2024.
About Compagas
A mixed-economy company, it has as its majority shareholder the Paraná Energy Company – Copel, with 51% of shares, Gaspetro, with 24.5%, and Mitsui Gas and Energy of Brazil, with 24.5%. In March 2000, the company became the first distributor in the South of the country to supply piped natural gas to its customers, with the inauguration of the southern branch of the Bolivia-Brazil gas pipeline (Gasbol).
Currently, Compagas has over 48,000 customers across residential, commercial, industrial, vehicular, and electricity generation segments and is present in 16 municipalities: Araucária, Curitiba, Campo Largo, Balsa Nova, Palmeira, Ponta Grossa, São José dos Pinhais, Colombo, Quatro Barras, Fazenda Rio Grande, Pinhais, Campina Grande do Sul, Paranaguá, Carambeí, Castro, and Arapoti.
Seja o primeiro a reagir!