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Petrobras goes to sell greater country gas pipeline network

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Petrobras divestment plan took new steps Tuesday. The state-owned state reported that it started the process of selling the TAG, the Associated Transportadora de Gas.

Company owns the country’s largest gas pipeline network, with 4,500 kilometers of distribution distributed between the North, Northeast and Southeast regions. The objective is to sell 90% of the shares of the subsidiary, which has a transportation capacity of 74.67 million cubic meters per day.