PETROBRAS interested in acquiring Terpel in Colombia

Terpel is 89.9% controlled by Colombian investment company Sociedad de Inversiones en Energia (SIE). SIE is controlled by US energy investment company AEI through Proenergia Internacional. Last week SIE denied media reports that AEI had sold or transferred its indirect stake in Terpel. However, SIE is studying market opportunities for investment or disinvestment. Among them is the inclusion of strategic investors which implies the sale of stakes in SIE by its current shareholders, the company has said. No decisions on the matter have been announced.