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Companhia de Gas do Ceara

Sector: Natural Gas • Location: Brazil

Source: World Bank Group

Project
Active

Cegas is the gas distribution utility of the Ceara state, with a 50-year exclusive concession agreement. Cegas was created in 1993, as a joint-venture between the government of Ceara and the state-owned company Petrobras, and started commercial operations in 1994. In Apr. 1995, Vicunha's subsidiary Textilia acquired a 24.5% stake in Cegas from Petrobras in 1996 for approximately US$ 1 million. Ceg

Status
Prospective
Sector
Natural Gas, Power Transmission, Government, Manufacturing (Industrial), Power Generation (CCGT), Commercial
Location
Brazil
Updated
22 Jul 2026
Source
World Bank Group

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The project “Companhia de Gas do Ceara” is an infrastructure initiative in the Natural Gas sector, located in Brazil. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Status

Original status

Active

Taiyo status

Prospective

Taiyo last update

2026-07-22

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Not available for this record.

Description

Description

Cegas is the gas distribution utility of the Ceara state, with a 50-year exclusive concession agreement. Cegas was created in 1993, as a joint-venture between the government of Ceara and the state-owned company Petrobras, and started commercial operations in 1994. In Apr. 1995, Vicunha's subsidiary Textilia acquired a 24.5% stake in Cegas from Petrobras in 1996 for approximately US$ 1 million. Cegas has a distribution network of 478 KM, and supplies natural gas mostly to industrial consumers. In 2014, Mitsui acquired a stake at Cegas. The shareholding structure was established as follows: state of Ceara, 17%; Petrobras subsidiary Gaspetro, 41,5%; and Mitsui, 41,5%. In the end of 2016, a 49% stake of Gaspetro was sold to the Japanese company Mitsui. Commit. Inv. in Facilities was updated. Investments were removed because % private is less than 51%: Year % Private Inv. in Gov. Assets Inv. in Facilities 1996 25 1 2003 25 0 1 2004 25 0 6.9 2005 25 0 0

Original sector

Energy

Procurement method

Budget

Location

Country

Brazil

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Natural Gas, Power Transmission, Government, Manufacturing (Industrial), Power Generation (CCGT), Commercial

Article published date

2024-09-27

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