Overview

• Casa Civil chief Nicola Miccione said FGV’s valuation and scenario study will be delivered this month and used to brief the governor in November.
• The state will either renew the Naturgy-operated gas distribution contract for 20 years under stricter terms or launch a new public tender by 2027.
• Any renewal would require a market-level concession fee, a firm investment schedule, and a modernized contract with rigorous compliance.
• If the state opts for a new bid, the process must occur within two years, and any concession proceeds would be directed to infrastructure projects.
• Naturgy currently holds the concession and has formally expressed interest in an extension, while the Casa Civil also targets a partial opening of the MIS museum in February 2026 with a concession process later in 2026.