Comgás
Encyclopedia
Comgás is a Brazilian gas distributor focused on São Paulo (state)
. It is Brazil's biggest gas distributor, with around 770,000 residential, commercial and industrial customers in 2004, who receive gas through some 5,400 kilometres of pipelines. Comgás was founded in 1872. The company had been wholly owned by the São Paulo state-owned power generation utility, Companhia Energética São Paulo until April 1999, when CESP's stake was sold to the British company BG Group and to Royal Dutch Shell
. Comgas sells gas under a 30 year franchise, with a potential for a further 20 years.
BG Group owns 60.1% of Comgas's stock, and Shell 18.2%. The remainder is publicly traded on BM&F Bovespa
São Paulo (state)
São Paulo is a state in Brazil. It is the major industrial and economic powerhouse of the Brazilian economy. Named after Saint Paul, São Paulo has the largest population, industrial complex, and economic production in the country. It is the richest state in Brazil...
. It is Brazil's biggest gas distributor, with around 770,000 residential, commercial and industrial customers in 2004, who receive gas through some 5,400 kilometres of pipelines. Comgás was founded in 1872. The company had been wholly owned by the São Paulo state-owned power generation utility, Companhia Energética São Paulo until April 1999, when CESP's stake was sold to the British company BG Group and to Royal Dutch Shell
Royal Dutch Shell
Royal Dutch Shell plc , commonly known as Shell, is a global oil and gas company headquartered in The Hague, Netherlands and with its registered office in London, United Kingdom. It is the fifth-largest company in the world according to a composite measure by Forbes magazine and one of the six...
. Comgas sells gas under a 30 year franchise, with a potential for a further 20 years.
BG Group owns 60.1% of Comgas's stock, and Shell 18.2%. The remainder is publicly traded on BM&F Bovespa