EIG sells stake in Bolivia-Brazil gas pipeline

EIG Global Energy Partners has reached an agreement for the sale of its stake in The Brazilian Carrier Bolivia-Brazil Gas Pipeline (TBG). The company had a stake of approximately 27.5% and did not disclose the value of the deal made with the Belgian company Fluxys. The announcement was made last Tuesday (5).

It is worth remembering that Petrobras is a majority partner of TBG, with a 51% stake. The company is responsible for operating the Brazil-Bolivia Gas pipeline (Gasbol) in a 2,600 km stretch, including the main natural gas transportation network in southern Brazil. The sale operation must be completed within two months of meeting the previous conditions between the parties, EIG said in a statement.

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