Comgás
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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.S ...
. 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 The Companhia Energética de São Paulo (CESP) is the largest producer of electricity in the state of São Paulo, with total installed power of 7,455 MW, and the third largest in Brazil. It owns and operates six hydroelectric plants integrate ...
'' 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 and ...
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 Yo ...
. 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 and ...
in November 2012 for $1.7 billion.


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 {{Brazil-company-stub