Enbridge, Fluxys, EIG bid for Brazil’s top natgas import pipeline, sources say
A consortium of Canada’s Enbridge (ENB.TO), Belgium’s Fluxys (FLUX.BR) and U.S. private equity firm EIG Global Energy Partners has submitted a non-binding offer for Brazil’s largest natural gas import pipeline, three people with knowledge of the matter told Reuters this week.
Petroleo Brasileiro SA (PETR4.SA), as Brazil’s state-run oil company is formally known, put its stakes in the 2,593-kilometer (1,611-mile) TBG pipeline, which imports gas from Bolivia, and the far southern TSB pipeline up for sale in December. Non-binding offers were due by late April.
By Carolina Mandl, Sabrina Valle and Gram Slattery via Reuters