privatization

The deals is with the Abu Dhabi-based Mudabala fund, which will hold 51% of the shares of the subsidiary that owns 13 small hydro plants

The event is expected to occur in August or September

The transmission company auction attracted six initial bids with sharp competition

The law was approved with 14 vetoes and authorizes the model for the company's capitalization scheme

Higher natural gas prices, regulatory problems and shallow water production stoppages are also a problem

Formed by six onshore fields and one in shallow waters in the state of Alagoas, the pole is operated 100% by Petrobras

New holding company will have to immediately invest US$ 243 in the Amapá distribution company

A series of documents will be made available to interested parties

Abegás sees benefits such as reduction of thermal dispatch and decrease or even reduction in the use of oil-fired plants

The project now goes to the president for approval

Schedule change was requested to better evaluate aspects of the process; previously scheduled date was June 29

The measure now returns to the Chamber of Deputies, which will have until Tuesday for final approval