Galp benefits from access to several maritime terminals in Portugal, namely in Sines and Leixões, and has storage facilities in Iberia with a total capacity of 8.9 mm³. The Company also holds interests in logistics companies in Portugal and has access to several pipelines in Iberia, totaling 4,300 km.
We hold a 65% stake in CLC, the Portuguese logistics company that owns the only multi-product pipeline in Portugal. The CLC pipeline is 147 km long and has the capacity to transport 4 mton of oil products sequentially.
Galp also holds a 75% interest in Companhia Logística de Combustíveis da Madeira, SA (CLCM), which operates the storage facility in Madeira, and a 60% stake in Sigás, the propane storage unit in Sines.
Galp's extensive logistics system is integrated with major logistics operations in Spain, enabling efficient delivery of products and high levels of flexibility in distribution and sales.
In Mozambique, Galp is developing a project to build two logistics terminals for receiving and storing liquid fuels in the Beira region and Matola, with a combined storage capacity of 111,000 m3. Also in Mozambique, Galp will double its gas storage capacity in 2020 and significantly increase the storage of dangerous goods, after completion of works on the new Beira and Matola logistics parks.
This project strengthens the Company's strategic presence in the region. Its objective is to develop the fuel distribution business in the country, to ensure access to competitive sources, and to enable export to neighbouring countries.