Brazil's Gasmig Selects Geomit for BRL 1 Billion Biomethane Project
2026-06-24 11:16
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en.Wedoany.com Reported - Companhia de Gás de Minas Gerais (Gasmig) has selected the joint venture Geomit, through Public Tender No. 01/2026, to be responsible for the biomethane supply project in the Triângulo Mineiro region. Geomit is formed by Mitsui Gás e Energia do Brasil and Geo Bio Gas & Carbon. The contract has a 10-year term, with an estimated investment of approximately BRL 1 billion, and includes the construction of around 400 kilometers of pipelines.

Gasmig selects Geomit for multi-billion real biomethane project in Triângulo Mineiro

This tender is the largest ever conducted by Gasmig as a piped gas distributor in Minas Gerais and represents the first initiative in the state's renewable gas expansion strategy. The contract signing is expected to take place this Thursday (25th) in Uberaba. Gas supply is scheduled to begin in April 2028, pending the completion of licensing, regulatory approvals, and the construction of fuel delivery infrastructure.

The Triângulo Mineiro region was selected as the project site due to its strong agribusiness sector, high waste-to-energy potential, and significant economic importance. The project will benefit four cities: Uberaba, Uberlândia, Indianópolis, and Araxá.

The tender was launched in May of this year, attracting 11 companies and receiving 27 proposals. Gasmig stated that this result reflects market interest in the development of renewable gas in the state. Following technical, economic, and regulatory analyses, Geomit was selected for presenting the optimal biomethane production and delivery solution.

Through this procurement, Gasmig aims to increase the share of biomethane in its supply portfolio, aligning with its energy transition and decarbonization strategy. The company considers this agreement a significant step for the development of the biomethane market in Minas Gerais and will continue to monitor new projects that contribute to the diversification and sustainability of gas supply.

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