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Company type | Private |
---|---|
Industry | Oil and gas industry |
Founded | 1998 |
Headquarters | , |
Key people | Sergio Hermes Martello Bacci (CEO) [1] |
Services | Oil transportation Pipeline services |
Revenue | US$5.5 billion (2010) |
US$263.2 million (2010) | |
Number of employees | 5,326 (2021) |
Parent | Petrobras |
Website | www |
Petrobras Transporte S.A., commonly shortened 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 (15 Ships by 100000 tons), in 2015. Transpetro's fleet consisted of 6 gas carriers, 16 oil tankers, 5 product tankers, and 9 shuttle tankers as of 2023.[2]
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.