GSM: General Shareholders’ Meeting

ANP: Agência Nacional de Petróleo, Gás Natural e Biocombustíveis, or National Petroleum, Natural Gas and Biofuels Agency.
Brazilian oil & gas sector regulator.

Shipper: a natural gas chain player, responsible for the gas production and processing. NTS client, for whom we provide the gas transport services.

CVM: Comissão de Valores Mobiliários, or Securities Exchange Commission.
Brazilian capital markets regulator.

FIP: Fundo de Investimento em Participações. Private equity investment fund

NGL: Natural Gas Liquids.
Natural gas cooled to temperatures below 160º Celsius to allow transfer and storage as liquid.

GRI: Global Reporting Initiative
Non-governmental organization that issues globally accepted standards for reporting corporate performance, especially for sustainability reporting.

NTS: Nova Transportadora do Sudeste S/A – NTS

O&M: Operating & Maintenance

GTA: Gas Transportation Agreement
Natural gas transportation services agreement.

Rating: investment grade
Credit risk rating level assigned by rating agency to companies and/or debt securities issued by them.

IR: Investor Relations

Ship-or-pay: contractual provision in gas transport contracts by which a buyer agrees to pay for contracted transportation capacity regardless of actually transported gas volumes.

Transporter: a natural gas supply chain player, responsible for the gas transportation. NTS role in the gas chain.