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Companhia de Gás de São Paulo

Company Detail

Description

Brazil's Companhia de Gás de São Paulo (Comgás) is engaged in the distribution of piped natural gas to residential, industrial, commercial, automotive, cogeneration and thermoelectric end-users. The company is the country's largest natural gas distributor, supplying more than 30% of its market. It provides gas to more than 1,300,000 customers in 177 municipalities through a distribution network of more than 9,000km and has some 767,000 gas meters. On November 5th, 2012, Cosan concluded the acquisition of a 60,05% of participation in Comgás from the BG Group for the sum amount of R$ 3.4 billion (US$1.7bn).

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