History
Key Dates:



Galp Energia founded as combination of two energy sector leaders in Portugal: 
- Petrogal: Portuguese market leader in oil refining and marketing with nascent upstream operations.
- GDP: Natural gas player responsible for the import, transportation and distribution of natural gas in Portugal.









ENI purchase of 33.3% stake in Galp Energia.
First positive results of E&P operations in Angola.
Partnership with Petrobras in Brazil’s 2nd upstream licensing round.
Start of construction of Sines LNG regasification terminal.






Substitution of City Gas for Natural Gas in Lisbon, construction of a storage cave for procloth gas in Sines.

Acquisition of 5% stake in CLH (oil logistics company in Spain).



Conclusion of construction of Sines LNG regasification terminal.
Swap with Total and Cepsa of 78 service stations in Portugal for 79 service stations in Spain. 



Acquisition of BP Enertica (oil wholesale in Spain).
Awarded 20 exploration blocks in Brazil.



Acquisition of logistics terminal Ptroval in Valencia, Spain.
Awarded 30 exploration blocks in Brazil (6 offshore and 24 onshore).



Amorim Energia purchase of 14.3% stake in Galp Energia and signature of a shareholders agreement between ENI, Caixa Geral de Depósitos and Amorim Energia.
New regulatory framework for the energy sector in Portugal.
Natural gas regulated assets unbundling.
Preparation for the IPO.



SiteMap @ Galp Energia 2006