EIG divestment in Bolivia-Brazil pipeline clears path for Petrobras stake

Paul Hastings LLP in London and São Paulo and Brazil’s Stocche Forbes Advogados have helped US investor EIG Global Energy Partners sell its minority stake in Bolivia-Brazil natural gas pipeline (GASBOL) as it squares up to bid for a larger stake in the same asset, which is likely to be divested by state-owned oil giant Petrobras later this year.