Brazil plan to open gas sector seen luring Naturgy, Engie, others

Recently announced plans to foster competition in the Brazilian natural gas market may trigger a wave of privatizations among state-controlled distribution companies, luring international and domestic bidders, experts on the sector say.

Brazil’s Cosan SA and Spain’s Naturgy Energy Group SA, are among the companies potentially interested in the segment, which also include Portugal’s Galp, France’s Engie and Spain’s Repsol, consultants, lawyers and other experts said.

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