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Negotiation of Interest Sale in Gasmig
Rio de Janeiro, July 16, 2014 – Petróleo Brasileiro S.A. – Petrobras announces that, in line with its Business and Management Plan which provides for divestment of assets abroad and in Brazil, is negotiating with Cemig -Companhia Energética de Minas Gerais to sell its 40% interest in Gasmig.
Gasmig is the sole distributor of piped natural gas in the state of Minas Gerais and is responsible for the distribution of 4.1 million m³/day of natural gas through a network of gas pipelines of around 850 km.
Petrobras will closely inform the market and its shareholders about the progress of this operation.
PETRÓLEO BRASILEIRO S.A--PETROBRAS | ||
By: | /S/ Almir Guilherme Barbassa | |
Almir Guilherme Barbassa Chief Financial Officer and Investor Relations Officer |
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