HomeNewsGalp expected to shut in its Matosinhos refinery to focus on larger Sines facilities

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Galp expected to shut in its Matosinhos refinery to focus on larger Sines facilities

12/23/2020

Galp of Portugal recently announced that it was planning to permanently shut in hydrocarbon production at the smaller of its two refineries operating in Portugal. The company will instead further develop the larger Sines refinery due to the continuing demand destruction from the COVID-19 pandemic. Galp will shut in the 100,000 barrel per day Matosinhos refinery, which has been idle since October.  The company will now move to concentrating on the current operations and any future developments at the larger 220,000 barrel per day Sines refinery.  The existing Matosinhos import, storage and distribution facilities are expected to continue their separate operations. The Sines and Matosinhos r

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