Comgás is a Brazilian gas distributor focused on
São Paulo state
SAO or Sao may refer to:
Places
* Sao civilisation, in Middle Africa from 6th century BC to 16th century AD
* Sao, a town in Boussé Department, Burkina Faso
* Saco Transportation Center (station code SAO), a train station in Saco, Maine, U. ...
. It is Brazil's biggest gas distributor, with around 1,6 million residential, commercial and industrial customers, as of 2016, who receive gas through about of pipelines. Comgás was founded in 1872. The company had been wholly owned by the São Paulo state-owned power generation utility, ''
Companhia Energética de São Paulo'' until April 1999, when CESP's stake was sold to the British
BG Group
BG Group plc was a British multinational oil and gas company headquartered in Reading, United Kingdom. On 8 April 2015, Royal Dutch Shell announced that it had reached an agreement to acquire BG Group for $70 billion, subject to regulatory an ...
and to
Royal Dutch Shell
Shell plc is a British multinational oil and gas company headquartered in London, England. Shell is a public limited company with a primary listing on the London Stock Exchange (LSE) and secondary listings on Euronext Amsterdam and the New ...
. Comgas sells gas under a 30-year franchise, with a potential for a further 20 years.
Brazilian conglomerate
Cosan
Cosan is a public listed company, a Brazilian conglomerate producer of bioethanol, sugar and energy . The company operates in Brazil, Argentina, Uruguay, Paraguay, Bolivia. They also operate in the United Kingdom under the brand name Moove, manufa ...
owns 61.73% of Comgas's stock, and Shell 17.12%. The remainder is publicly traded on
B3. Cosan acquired its stake from
BG Group
BG Group plc was a British multinational oil and gas company headquartered in Reading, United Kingdom. On 8 April 2015, Royal Dutch Shell announced that it had reached an agreement to acquire BG Group for $70 billion, subject to regulatory an ...
in November 2012 for $1.7 billion.
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Locations
In September 2021, Comgas has opened a new compressed natural gas (CNG) filling station in
Taboao, on the border between So Paulo and Curitiba, to increase the supply for trucks and buses in Brazil.
References
External links
The company's home page in Portuguese
Companies based in São Paulo
Oil and gas companies of Brazil
Companies listed on B3 (stock exchange)
Brazilian brands
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