Petrobras: begins sale of slices in bolivia-Brazil gas pipeline

Petrobras reported on Wednesday (23), that began the process for the sale of all its stakes in the Brazilian Carrier Bolivia-Brazil Gas Pipeline (TBG) and Transportadora Sulbrasileira de Gás (TSB), in which it holds 51% and 25% shares, respectively.

In a statement, the oil company said the operation is aligned with the company's portfolio optimization strategy and focus on deep water and ultra-deep assets.

The Bolivia-Brazil gas pipeline has installed capacity to carry, uninterruptedly, up to 30.1 million m)/day of natural gas and an additional 5.2 million m³/day in the stretch in São Paulo, with 2,593 km long in Brazil. Petrobras has as partners in the assets the Bolivian YPFB, the French Total and EIG Global Energy Partners. 

TSB operates pipelines in Rio Grande do Sul with 50 km of extension and also has an expansion project with an additional 565 km that would allow the connection of the production fields in Argentina to the metropolitan region of Porto Alegre and the TBG gas pipeline. In addition to Petrobras, Total, Repsol and Ipiranga are partners, with 25% each.

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