Corporate Profile

About the Company

Comgás is a distributor of piped natural gas in São Paulo State with over 1.7 million customers. In 2014, it distributed 5.5 billion cubic meters – amounting to a quarter share of the domestic market. Comgás distribution network amounts to over 14 thousand kilometers. Its concession area comprises 177 cities in metropolitan São Paulo, metropolitan Campinas, the coastal area around Santos and the Paraíba Valley.

Comgás distributes and actively promotes the use of natural gas as a cleaner, eco-friendlier alternative to other fossil fuels, and as a safe and economical energy resource.

As a public utility, Comgás is regulated by the Agency of Regulation in Sanitation and Energy of the State of São Paulo (ARSESP), an agency of the São Paulo State Government, which granted a 30-year concession for the provision of public piped gas distribution services starting in May 1999, renewable only once for a further 20 years.

Comgás became a public company in 1996 and has traded on the São Paulo Stock Exchange (Bovespa) since 1997. It was privatized in April 1999 for R$1.65 billion (a 119% premium on the minimum price at auction). Its majority shareholders were BG Group (former British Gas) and Group Shell. In November 2012, Cosan acquired 60.1% of Comgás’ social capital from the BG Group.

Cosan

The Cosan Group is one of the largest private economic corporations in Brazil, with business in the energy and logistic segments. The group has the following companies: Cosan S.A., Cosan Logística, Rumo ALL, Raízen, Comgás and Moove.

In the energy segment, Cosan stands out in the following business:

  • Raizen, a joint venture created with Shell:
    One of the largest distributors of fuel in Brazil with 4,600 Shell Gas stations.
    Brazil’s largest and one of the world’s largest sugar, ethanol and cogeneration producers with 24 mills and a sugarcane grinding capacity of 65 million tons.
  • Comgás, the largest gas distributor in the country.
  • Moove, produces and distributes lubricants the Mobil and Comma brands in Brazil and 03 other countries in South America beyond the United Kingdom.

In the logistics segment, Cosan Logística, controller of Rumo ALL, stands out in the following aspects:

  • Largest independent logistics company in Latin America.
  • 4 rail concessions with approximately 12,000 km of railway lines.
  • 6 port terminals for grain and sugar.

Shell Group

The Shell Group is present in the energy and petrochemical sectors and operates in over 140 countries. It was created in 1907, as a result of the Royal Dutch and Shell Group fusion. Shell’s operations incorporate a wide range of activities, from exploration and production of oil and gas as well as installations of LNG, gas pipelines and oil pipelines, thermal electric plants, chemistry, renewable energetic fuel, refining and distribution of oil derivatives, along with others.

Shell operates in Brazil since 1913 as a distributor of oil derivatives, diversifying its portfolio afterwards in operations in the gas, electric energy, and offshore production sector.

During its long history the company has used a wide range of raw materials to produce gas, from fish oil and carbonated hydrogen to coal, naphtha, and anthracite coal diluted with water. It finally opted for natural gas, the eco-friendly fuel for the 21st century.

The introduction of natural gas is considered the most important phase in the history of Comgás, which has participated in the life of São Paulo ever since whale oil street lamps became extinct.
Management aims to expand Comgás and make it the largest distributor of natural gas in Latin America, excelling in quality, safety and respect for the environment.

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