NTS was created from a Statement of Commitment signed with the National Petroleum, Natural Gas and Biofuels Agency (“ANP”), in which Petrobras has committed to restructure the Transportadora Associada de Gás (TAG) and its wholly-owned subsidiaries, in order to create a natural gas carrier in southeastern Brazil (NTS) and another in the North-Northeast (NTN).

In April 4, 2017, Petrobras concluded the sale of 90% of its shares in NTS to Nova Infraestrutura Fundo de Investimentos em Participações Multiestratégia (“FIP”), managed by Brookfield Brasil Asset Management Investimentos Ltda., a company affiliated to Brookfield Asset Management. On the same date, the FIP conducted the sale of part of its shares in NTS to Itaúsa S.A.