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Refining & Marketing 

Refinação & Distribuição

The Refining & Marketing business segment processes raw materials in two refineries, at Porto and Sines, distributes refined products predominantly in the Iberian Peninsula but also in Africa and markets to third parties and exports to several European and North American countries what it does not distribute directly

Galp Energia acquires from several suppliers the crude oil that is processed in its refineries at Sines and Porto. These refineries have a total refining capacity of 310 thousand barrels of crude oil a day, or 20% of the Iberian Peninsula's refining capacity.


The refined products are predominantly marketed in Portugal and Spain but also in Africa. From the current production, close to 80% is sold under the Galp brand. The rest is sold to other operators and exported to several European and North American countries.


In 2008, the acquisition of Agip's and ExxonMobil's operations in the Iberian market for oil products was completed. These transactions were part of Galp Energia's strategy for expanding its operations in the Iberian Peninsula, the Company's core market for distributing oil products. These acquisitions were very important as they raised the Company's capacity to place the products from its refineries, thereby stabilising sales and lowering dependence on exports, which demand and prices are less stable.

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