HomeNewsEnbridge, Fluxys, EIG Bid for Brazil's Top NatGas Import Pipeline

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Enbridge, Fluxys, EIG Bid for Brazil's Top NatGas Import Pipeline

5/21/2021

RIO DE JANEIRO (Reuters) — A consortium of Canada's Enbridge, Belgium's Fluxys 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, 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. The consortium is preparing to submit a binding offer by the July 5 deadline, said the sources, who requested anonymity to discuss priv

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