Refining & Midstream
Galp is the only refining company in Portugal.
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.
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.
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.