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Galp Energia published the 2011 annual report on 4 April 2012

Download the last reports of financial and operational information

Annual Report 2011 (pdf, 5,564KB)

Individual Accounts 2011 (pdf, 784KB)

 

Statement from Francisco Murteira Nabo, Chairman of the board of directors

In 2011, Galp Energia proceeded with the execution of its strategy, that is to say, the development and expansion of
its activities, namely in the Exploration & Production business, based on a solid capital structure and, in particular, the
sustained cash fl ow generated by the downstream activities. have an ambitious strategy and its execution has, with the good cooperation of all parties involved, been a great success. Our goal is to keep growing our upstream activities with the support of our solid energy distribution business in the Iberian Peninsula.

Statement from Manuel Ferreira De Oliveira, Chief executive officer

Our strategic plan, that is to say, our sustained growth, rests on the need to maintain a strong capital structure.
We have ensured this in 2011, with the announcement of the capital increase in our subsidiary Petrogal Brasil, fully subscribed to by Sinopec.

 

Other annual reports from 2011

Corporate Governance Report 2011 (pdf, 6,494KB)