Cosan S.A. and Compass Gás e Energia S.A. Sign Agreement for Gas Distribution Infrastructure
Compass Gás e Energia S.A. acquired Gaslink from Cosan S.A., expanding its gas distribution infrastructure in Brazil. The deal strengthens Compass's position in the Brazilian gas market.
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Gaspetro has a distribution network of more than 10,000km of gas pipelines. Quote: Gaspetro holds interests in 19 gas distribution companies in several Brazilian states with a distribution network of more than 10,000km of gas pipelines.
"Brazilian energy firm Cosan said its subsidiary Compass Gás e Energia has made a binding proposal to acquire NOC Petrobras ’ 51% share in gas distribution holding Gaspetro ."
"Brazilian energy firm Cosan said its subsidiary Compass Gás e Energia has made a binding proposal to acquire NOC Petrobras ’ 51% share in gas distribution holding Gaspetro ."
"Brazilian energy firm Cosan said its subsidiary Compass Gás e Energia has made a binding proposal to acquire NOC Petrobras ’ 51% share in gas distribution holding Gaspetro ."
"At the end of 2015, Petrobras sold 49% of its shares in Gaspetro to Japan’s Mitsui for 1.93bn reais (US$342mn)."
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