Announcements

Information to the market - Mr. Manuel Ferreira De Oliveira, Vice-Chairman of the Board of Directors and CEO of Galp Energia, and Mr. Luís Palha da Silva, Vice-Chairman of the Board of Directors and Deputy CEO of Galp Energia, have informed in today’s Board of Directors meeting that, as indicated in due time to the Chairman of the Board of Directors, they did not wish to be appointed for the corporate bodies of Galp Energia in the context of the elections taking place at the next General Shareholders Meeting of April 16.
Galp Energia's fourth quarter of 2014 results - Galp Energia releases today the fourth quarter of 2014 results with the following highlights
Proposal For Taxation Of Long Term Natural Gas Supply Contracts - The Portuguese Government proposed yesterday to the Parliament a law, which amends the extraordinary contribution over the energy sector, envisaging the approval of a tax over the long term take-or-pay natural gas supply contracts entered into by Galp Energia.
Galp Energia notified of €9.2 m fine from the Portuguese Competition Authority concerning the LPG business - Galp Energia informs that it has been notified of a decision from the Portuguese Competition Authority for the payment of a fine concerning an alleged practice restrictive to competition as a result of restrictions to inbound sales by bottled gas (LPG) distributors, an activity included in its Refining & Marketing (R&M) business.
4th Quarter 2014 trading update - This trading update aims to provide estimates regarding macroeconomic, operational and trading conditions experienced by Galp Energia during the fourth quarter of 2014, as well as to update the exploration and appraisal activities schedule.
Declaration of Commerciality for the Iara area, in the pre-salt Santos basin - Galp Energia, partner in the consortium for the development of Block BM-S-11, informs that Petroleo Brasileiro S.A. (Petrobras), the operator, has submitted the Declaration of Commerciality (DoC) for the oil and gas accumulations in the Iara and Entorno de Iara areas (Transfer of Rights area, 100% operated by Petrobras) to the Brazilian National Agency of Petroleum, Natural Gas and Biofuels (ANP).
Financial Calendar 2015 - Operational indicators and results’ supporting documents will be released before the opening of the market at NYSE Euronext Lisbon.
Qualifying holding of The Capital Group Companies, Inc. - In accordance with the terms of articles 16 and 17 of the Portuguese Securities Code, Galp Energia hereby discloses the following information:
Galp Energia and ENI entered into an agreement to explore hydrocarbon opportunities in frontier exploration offshore Portugal - Galp Energia announces that it has entered into a farm-down agreement with Eni, covering three offshore concession areas in Portugal according to which Eni acquires, on a promoted basis, a 70% interest and operatorship, while Galp Energia retains the remaining 30% interest.
Ventinveste secures funding for the construction of wind farms - Galp Energia, through the associated company Ventinveste, S.A. (Ventinveste), and within the scope of its existing wind energy project, has entered into a series of agreements with suppliers and financial institutions for the construction of four wind farms with a total installed capacity of 171.6 MW, which arise from the stage B of the tender process previously carried out by the Portuguese State.
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