Vale, CSN among winners in Brazil natural gas auction
Today 15:27
Vale, CSN among winners in Brazil natural gas auction SAO PAULO, Oct 22 (Reuters) - Major mining and steelmaking companies, including Vale VALE3.SA and CSN CSNA3.SA, won lots in a natural gas auction held by Brazilian state-run oil firm PPSA on Thursday, data from the auction platform showed.
All 32 lots offered to steelmakers, metal producers and mining companies were awarded, totaling 320,000 cubic meters per day
Winners included Vale, CSN, Gerdau GGBR4.SA, Samarco and Ternium Brasil TX.N
The auction was the first held by PPSA for direct sales of state-owned natural gas to end consumers
(Reporting by Leticia Fucuchima; Writing by Fernando Cardoso; Editing by Gabriel Araujo)
((fernando.cardoso@thomsonreuters.com))
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