Companies & Finance

Brazilian antitrust agency approves Azulão sale to Eneva

Technical staff at Brazilian antitrust agency Cade have approved the sale of the Azulão field in the onshore Amazonas Basin by Petrobras to a unit of Eneva.
By Staff reporter 22 December 2017 0 28916

Technical staff at Brazilian antitrust agency Cade have approved the sale of the Azulão field in the onshore Amazonas Basin by Petrobras to a unit of Eneva, Reuters reported on Thursday, citing Brazil’s official gazette.

Interfax Natural Gas Daily reported in May that Eneva was one of two likely buyers because owning 200 MW of thermoelectric capacity was a condition of sale.

Eneva’s ‘reservoir-to-wire’ project in Brazil’s northeast now accounts for 11% of the country’s total installed gas-to-power capacity.