Transpetro
This article relies on references to primary sources. (May 2009) |
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Type | Private |
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Industry | Oil and gas industry |
Founded | 1998 |
Headquarters | Rio de Janeiro, Brazil |
Key people | Sergio Machado (CEO) |
Services |
Oil transportation Pipeline services |
Revenue | US$5.5 billion (2010) |
Net income | US$263.2 million (2010) |
Employees | 6,000 |
Parent | Petrobras |
Website | www.transpetro.com.br |
Petrobras Transporte S.A. (Transpetro) is the largest oil and gas transportation company of Brazil. Transpetro works with transportation and storage activities of oil and byproducts, ethanol, biofuels and natural gas. It is responsible for a network of more than 11,000 kilometres (7,000 mi) of oil and gas pipelines, connected to terminals and an oil tanker fleet.
Transpetro, a fully owned subsidiary of Petrobras, was established on 12 June 1998, as per legislation (Act no. 9.478/1997) which restructured the oil sector in Brazil. In addition to Petrobras, Transpetro provides services to several distributing companies and to the petrochemical industry.
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