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​Supergasbras says natural gas no substitute for bulk LPG, CADE should block Ultragaz-Liquigás deal

By Ana Paula Candil ( November 28, 2017, 20:49 GMT | Insight) -- Gas distributor Supergasbras Energia has told the Brazilian competition authority that the country lacks the infrastructure necessary for natural gas to be considered a viable substitute for bulk liquefied petroleum gas, as Ultragaz and Liquigás Distribuidora contend in seeking approval for their deal. Supergasbras also said that no remedy would be sufficient to allow the transaction's approval, given high barriers to entry in the bulk LPG market.Gas distributor Supergasbras Energia has told the Brazilian competition authority that the country lacks the infrastructure necessary for natural gas to be considered a viable substitute for bulk liquefied petroleum gas, as Ultragaz and Liquigás Distribuidora contend in seeking approval for their deal. ...

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