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FX Daily Updates
Brazil's Brava Energia signs $65 million deal with PetroReconcavo for natural gas assets
georgemiller
Publish Date: Thu, 05 Jun 2025, 23:14 PM
Sao Paulo, June 5 (Reuters) - Brazil's Brava Energia (BRAV3.SA) , opens new tab signed a $65 million deal to sell a 50% stake in midstream natural gas infrastructure assets in the state of Rio Grande do Norte to PetroReconcavo (RECV3.SA) , opens new tab, the companies said in separate filings.
The assets include two natural gas processing units, the Livramento/Guamare pipeline, and equipment used to store liquefied natural gas.
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https://www.reuters.com/business/energy/brazils-brava-energia-signs-65-million-deal-with-petroreconcavo-natural-gas-2025-06-05/