Gas Bridge buys Enauta's stake in Manati field

Gas Bridge, a trading company created in 2019 with investments by Lorentzen group's asset manager Lorinvest, is gearing up for its debut on the natural gas free market, still in gestation. The company will buy Enauta's 45% stake in the Manati field, on the coast of Bahia, to build its supply portfolio while in search for its first clients. The deal, worth R$560 million, ensures Gas Bridge a volume of 1.2 million cubic meters of gas per day in a strategic location. Manati supplies the gas used by fertilizer plants in Sergipe and Bahia, leased by Petrobras to Proquigel - which seeks gas suppliers to resume operations in...

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