Galp Energia, SGPS, S.A. is a leading European oil and gas group. The group also produces electrical power. Net sales break down by activity as follows:
- refining and distribution (70%): 16.2 million tons of oil products sold in 2019. At the end of 2019, the group operated 1,465 service stations in Portugal, Spain and Africa;
- production and distribution of natural gas (15.1%): 7.6 billion m3 sold. The group also develops electrical power production activity (4,525 GWh sold in 2019);
- exploration and production of crude oil (14%). At the end of 2019, the group's portfolio consisted 26 blocks in Brazil, 11 blocks in Angola, 3 blocks in Sao Tome and Principe, 2 blocks in Namibia, 2 blocks in Mozambique, and 1 block in East Timor;
- other (0.9%).
Net sales are distributed geographically as follows: Europe (87.3%), Latin America (8.7%) and Africa (4%).