Economy

Enagas Finalizes TgP Acquisition

Enagás’ investment will total $481 Mln.

Enagás
24/03/2014 19:53
Visualizações: 986 (0) (0) (0) (0)

 

Enagás of Spain said it has completed the acquisition of 22.38% of Transportadora de Gas del Perú (TgP), after reaching an agreement on 31 January with the Hunt and Repsol companies, which owned 12.38% and 10% of TgP. 
Enagás has also agreed to sell 2.38% of TgP to Canada Pension Plan Investment Board (CPPIB) and to buy from CPPIB 30% of Compañía Operadora de Gas del Amazonas (Coga), which operates TgP. Once the transactions take place, Enagás will be the owner of 20% of TgP and 30% of Coga.
Having a strategic aim, a corporate governance framework will be established with respect to Coga, allowing Enagás to actively participate in the operation of the infrastructure. Enagás’ investment in all these transactions will total $481 Mln.

Enagás of Spain said it has completed the acquisition of 22.38% of Transportadora de Gas del Perú (TgP), after reaching an agreement on 31 January with the Hunt and Repsol companies, which owned 12.38% and 10% of TgP. 

Enagás has also agreed to sell 2.38% of TgP to Canada Pension Plan Investment Board (CPPIB) and to buy from CPPIB 30% of Compañía Operadora de Gas del Amazonas (Coga), which operates TgP. Once the transactions take place, Enagás will be the owner of 20% of TgP and 30% of Coga.

Having a strategic aim, a corporate governance framework will be established with respect to Coga, allowing Enagás to actively participate in the operation of the infrastructure. Enagás’ investment in all these transactions will total $481 Mln.

 

Most Read Today
see see
OTC Brasil 2025
O&G exploration is key to social development and a just ...
28/10/25
OTC Brasil 2025
Experts warn regulatory instability threatens US$100 bil...
28/10/25
International Company News
Sercel Awarded Major Contract by ONGC to Supply Sercel 5...
28/10/25
Record
Petrobras announces production record of FPSO Almirante ...
28/10/25
OTC Brasil 2025
Event brings together global offshore industry leaders a...
28/10/25
OTC Brasil 2025
Petrobras participates in OTC Brasil 2025, in Rio de Janeiro
28/10/25
Petrobras
Petrobras produced 3.14 million barrels of oil equivalen...
27/10/25
FIRJAN
By 2035+, Rio de Janeiro State’s Energy Potential Could ...
23/10/25
Pre-Salt
PPSA to auction in December the first share of governmen...
23/10/25
Auction
Petrobras wins auction and leases RDJ07 terminal at the ...
23/10/25
Permanent Offer
Equinor acquires two new blocks in the Campos Basin duri...
23/10/25
OTC Brasil 2025
OTC Brasil 2025 Kicks Off in One Week with a Packed Prog...
22/10/25
Agreement
Wärtsilä Lifecycle agreement renewed to maintain safe, r...
22/10/25
Petrobras
Petrobras receives operating license for deepwater explo...
20/10/25
Equatorial Margin
License Grant for Drilling in the Equatorial Margin Is P...
20/10/25
Equatorial Margin
ABESPetro Statement on the Licensing of the Equatorial M...
20/10/25
Energy Transition
BNDES, Petrobras, and Finep select Valetec to manage the...
20/10/25
Pre-Salt
Petrobras and PPSA sign equalization agreement for Jubar...
20/10/25
WPC Energy Youth Forum
Kuwait to Host 8th WPC Energy Youth Forum in October 2025
20/10/25
Exports
Petrobras signs contract to sell six million barrels of ...
20/10/25
Petrobras
Petrobras puts the Harpia supercomputer into operation
10/10/25
VEJA MAIS
Newsletter TN

Contact us

We use cookies to ensure you have the best experience on our website. If you continue to use this site, we will assume that you agree with our Privacy Policy, terms of use and cookies.