Founded on 22 April 1999 as GALP – Petróleos e Gás de Portugal SGPS, S.A., as a result of the restructuring of the energy sector in Portugal, to operate in the oil and natural gas businesses.
Two pre-existing Portuguese government-owned companies were placed under our control at that time: Petróleos de Portugal - Petrogal, S.A. ("Petrogal"), the only refiner and the leading distributor of oil products in Portugal, and GDP - Gás de Portugal, SGPS, S.A. ("GDP SGPS"), the company responsible for the import, transportation and distribution of natural gas in Portugal.
Today we are Portugal's leading integrated oil and natural gas group, with a growing presence in Spain and a developing power business.
The group activities comprise the following four business areas:
