Portugal

Refining & Midstream

Refining

Galp has an integrated refining system, consisting of the Sines and Matosinhos refineries, which have a combined refining capacity of 330 thousand barrels of oil per day. 

The Sines refinery is Portugal’s main refinery, accounting for 70% of the country's refining capacity.

Our refining system benefits from the coastal location and port infrastructures, both important features for crude supply and product exports.

Get to know our refining business.

Supply & Trading

Galp is an integrated energy player, performing Supply & Trading activities of oil, gas & power.

Galp’s supply and trading activities of oil products also account for the sale of the refining system’s production, both to Galp’s commercial activities as well as to other operators in Iberia and in the exports market.

The company maintains an active presence in the international market for natural gas and liquefied natural gas through its trading activity.

Logistics

With a 65% stake, Galp is the largest shareholder in Companhia Logística de Combustíveis (CLC), the logistics company that owns the only multi-product pipeline in Portugal.

Galp also holds a 75% stake in Companhia Logística de Combustíveis da Madeira (CLCM), which explores Madeira's storage deposit park, and a 60% stake in Sigás, a propane storage unit in Sines.

The logistics system also comprises concessions to exploit two maritime terminals (Leixões and Sines).

Regulated distribution infrastructure

Galp, through its subsidiary Galp Gás Natural Distribuição S.A., controls nine local natural gas distributors in the country, with a total network of 13,015 km.

Cogeneration

Through its portfolio of cogeneration plants, Galp currently has, in Portugal, an installed capacity for electricity generation of 173 MW, with the most relevant ones being installed in the Sines and Matosinhos refineries.

Commercial

Galp is focused on optimising the integrated offer of services and products, adapted to new consumption patterns, in an open, digital and sharing economy.

In order to better achieve this goal, we integrated the entire commercial offer of B2B and B2C segments into one single business unit.

As part of its commercial activity, Galp provides an integrated offer of oil products, natural gas and electricity to its customers in Iberia, being one of the key players in the region, and market leader in Portugal.

B2C

In the retail segment, Galp has a network with about 710 service stations and around 342 convenience stores across the country.

B2B

Galp also supplies other sectors, including resale, aviation, bunkers, industry, transport, and others.

Renewables & New Businesses

In recent years, Galp is developing solar power generation projects in Portugal and Spain. Currently, the Company is continuing to develop these projects to ensure a timely Commercial Operation Date (COD), as well as analysing new projects that will enable Galp to develop its strategy of incorporating energy production from renewable sources.