Galp benefits from access to several maritime terminals in Portugal, namely in Sines and Leixões, and has several storage facilities in Iberia. The Company also holds interests in logistics companies in Portugal and has access to several pipelines in Iberia, totalling 4,300 km.
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.
Regulated distribution infrastructure (GGND)
Galp, through its associated company, Galp Gás Natural Distribution (GGND), has a stake in nine natural gas distributors in Portugal.
Through GGND, Galp explores a distribution network of over 13,000 km. At the end of 2020, the regulated asset base was valued at approximately €1.1 bn.
In November 2020, Galp agreed to sell a 75.01% stake in GGND, where it held 77.5%, to Allianz Capital Partners. After the transaction completion in 2021, Galp’s stake is 2.4%.
Learn more about GGND here.
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.