Enbridge, Fluxys, EIG bid for Brazil’s natgas import pipeline: Reuters

Canada's Enbridge, Belgium's Fluxys and EIG Global Energy Partners have together submitted a non-binding offer for Brazil's largest natural gas import pipeline.

A consortium of Canada’s Enbridge, Belgium’s Fluxys and US private equity firm EIG Global Energy Partners has submitted a non-binding offer for Brazil’s largest natural gas import pipeline, sources told Reuters. Petroleo Brasileiro put its stakes in the 2,593-kilometer TBG pipeline, which imports gas from Bolivia, and the far southern TSB pipeline up for sale in December. It was not clear if there were competing bids for the assets, which are expected to fetch billions of dollars.

Read the Reuters story here.