Former government ministers are urging action regarding the pending deal between Galp and Moeve, warning that Portugal risks losing control of its only oil refinery in Sines. Experts cited concerns over reduced market competition and potential costs to taxpayers if the sale proceeds without government oversight.
Experts warn of risks in proposed Galp-Moeve refinery deal
Tuesday, 21 July 2026AI summary
Context & Explainers
Galp is Portugal’s integrated energy company operating in fuel, natural gas, electricity retail, refining and upstream activities, and it supplies households and businesses across the country. For expats, issues at Galp—such as recent billing disruptions—can mean unexpected large utility bills or service problems, so check your account, contact the supplier and keep billing records.
