Galp Energia SGPS S A : CDP Water Security - Response 2023

Galp Energia SA - Water Security 2023

W0. Introduction

W0.1

(W0.1) Give a general description of and introduction to your organization.

Galp is an integrated energy operator with activities that span from exploration and production of oil and natural gas to refining and marketing of oil products and biofuels, distribution and supply of natural gas and generation and marketing of electricity. To guarantee success, and thrive through the energy transition, Galp has updated its purpose to 'Let's regenerate the future together'. To fulfil this purpose, Galp will regenerate its portfolio, its relationships but also its people. Overall, this will set a direction for the company, internally and externally, towards a low carbon future.

All these changes will translate into our portfolio and operations. Between 2023-2025, we intend to allocate 70% of our net capital to low and zero carbon products and services. By 2030, we aim to have a more electrified, diversified and decarbonized global portfolio, offering a combination of long-term growth and value opportunities in the energy sector.

Our mission is to create value for all our stakeholders (customers, employees, shareholders, suppliers and business partners), acting in energy markets with ambition, innovation and competitiveness, promoting respect for the principles of ethics and sustainability. Our activities are strongly expanding worldwide, being predominantly located in Portugal, Spain, Brazil and Africa. The activity of our Company is also based on 4 key business pillars: Upstream, Commercial, Industrial & Midstream and Renewables & New Businesses.

The Upstream business comprises a portfolio of c.20 projects in different phases, such as exploration, development and production in 4 countries (Brazil, Angola, Mozambique and Namibia). Galp's portfolio comprises a selection of projects located in the world class pre-salt Santos basin, high potential natural gas projects in the Rovuma basin in Mozambique, and promising exploration assets in São Tomé and Príncipe and Namibia.

The Industrial & Midstream business unit, which includes Refining & Midstream, incorporates the refining, co-generation, biofuels and logistics business, as well as the Group's oil, gas and power supply and trading activities. Galp operates an integrated refining system comprising Sines refinery in Portugal (the Matosinhos Refinery closed in 2021) with a total processing capacity of 226 kbpd, and 88 mmboe of raw materials processed. In 2022 this business units also sold c. 0.6 TWh of electricity from cogeneration,handled 54.6 TWh of NG/LNG in sales and trading,and 15.8 mton of oil products supply.

The Commercial pillar integrates a distribution network including approximately 1475 service stations. Refined products are primarily marketed in the Iberian Peninsula, but also in Africa, with total sales to direct clients of 7.4 mton and 4.1 TWh of electricity in 2022. The Commercial business unit is leading the transition into low carbon fuels and mobility, providing Galp customers with diversified solutions, including a network of >2.4 k charging points in Iberia and targeting >10 k charging points by 2025, while simultaneously offering low carbon fuels for aviation and maritime transport. Through Galp Solar, the Company has been helping customers increase their energy efficiency and save on power consumption by providing them with decentralised electricity equipments. It reached >25K decentralised energy (solar) installations in Iberia during 2022 and is targeting >300 MW installed capacity by end 2025.

With c.70% of its planned investments up to 2025 to be allocated to projects that promote the energy transition, Galp aspires to anticipate new trends, adapt its portfolio to future needs and promote a progressive reduction of its carbon intensity, while maintaining a track record of value creation. The Renewables and New businesses unit represents a clear step for Galp to embrace the energy transition by developing a sustainable and diversified portfolio of renewable power generation and is focused on developing a sustainable and diversified portfolio of renewable energy generation, currently focused on Iberia and Brazil, which can be leveraged by synergies with the company's remaining energy businesses.

In 2022, Galp added c.400 MW, totalling c.1.4 GW of installed capacity under operation out of a portfolio of c.9 GW, of which 4 GW are expected to be operational by 2025. We are targeting a gross renewable operating capacity of c.12 GW by 2030. We are evaluating the development of green hydrogen solutions, leveraging our privileged position and industrial skills, targeting up to 700 MW electrolyser capacity by 2030. Additionally, we are also assessing entry opportunities in the battery value chain, namely in lithium processing, having announced the development of Europe's largest and most sustainable lithium conversion plant, to be built in Portugal, with an annual production capacity of up to 35 kton of lithium hydroxide and a start of commercial operations in 2026, in a joint venture with Northvolt

W-OG0.1a

(W-OG0.1a) Which business divisions in the oil & gas sector apply to your organization?

Upstream

Midstream/Downstream

W0.2

(W0.2) State the start and end date of the year for which you are reporting data.

Reporting year

Start date	End date
January 1 2022	December 31 2022

W0.3

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(W0.3) Select the countries/areas in which you operate.

Brazil

Cabo Verde

Eswatini

Guinea-Bissau

Mozambique

Namibia

Portugal

Sao Tome and Principe

Spain

W0.4

(W0.4) Select the currency used for all financial information disclosed throughout your response.

EUR

W0.5

(W0.5) Select the option that best describes the reporting boundary for companies, entities, or groups for which water impacts on your business are being reported.

Companies, entities or groups over which operational control is exercised

W0.6

(W0.6) Within this boundary, are there any geographies, facilities, water aspects, or other exclusions from your disclosure?

No

W0.7

(W0.7) Does your organization have an ISIN code or another unique identifier (e.g., Ticker, CUSIP, etc.)?

Indicate whether you are able to provide a unique identifier for your organization.	Provide your unique identifier
Yes, an ISIN code	PTGAL0AM0009
Yes, a SEDOL code	B1FW751
Yes, a Ticker symbol	GALP PL
Yes, a Ticker symbol	GALP.LS

W1. Current state

W1.1

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(W1.1) Rate the importance (current and future) of water quality and water quantity to the success of your business.

	Direct use	Indirect	Please explain
	importance	use
	rating	importance
		rating
Sufficient	Vital	Not very	Regarding direct use of freshwater, Galp needs sufficient amount of good quality freshwater to run its operations. Around 89% of Galp sites are in areas with high or extremely
amounts		important	high Physical Water Quantity Risk. The protection of water resources is a material topic getting higher relevance within the scope of our current and future activities. Galp aims
of good			to adopt measures that lead to a more efficient and sustainable water use in operations, safeguarding its quality and availability in the ecosystems. We are also focused on
quality			developing a strategy to mitigate the impacts associated with the use of water, particularly in water stress areas where our operations are located.
freshwater			Refining is the activity, in Group Galp, that represents the greatest materiality (76% of total freshwater withdrawal in 2022) and water comes as a vital input for our operations
available			- mainly to generate steam and cool processes. Freshwater is also necessary for Galp's Service Stations - B2C - Commercial (20% of total freshwater withdrawal in 2022)
for use			and for Industrial and Midstream (4% of total freshwater withdrawal in 2022). Renewables have a low water-dependant risk profile.
			Regarding indirect use of freshwater, considering the water-use within our supply chain (e.g. production of materials, other products) we can assume that the majority of our
			key inputs are not water intensive, justifying the importance rating selected.
			Galp estimates that its water dependency will increase in the next 5 years for both direct and indirect operations, as the Refining segment represent around 75% of water
			withdrawals and there will be two new projects (HVO and H2 production units) that are expected to represent an increase of total water withdrawals in 2027 when comparing
			with 2022. However, to minimize these increases, eco-efficiency measures are being planned, such as a project for the recovery of rainwater from HVO unit buildings' roofs
			for use in the process.
Sufficient	Important	Not very	Regarding direct use of recycled water,Galp recycles an important amount of water(around 14% of total water withdrawal in 2022)at the Refining (around 50% of total water
amounts		important	recycled in 2022).This water is relevant for the fuel refining process.Galp has adopted an action plan focused on specific projects and operational excellence initiatives, to
of			reduce water withdrawal,reduce discharges and improve wastewater treatment and water recycling.Reuse and recycling water measures are currently implemented in the
recycled,			refinery,such as the installation of a membrane bioreactor to increase the amount of industrial wastewater recycled and the investment in maintenance of the firefighting
brackish			system;the reuse of water in the fire and garden water systems and the reuse of process water,totalizing 10% of total water recycled in 2022.In the Commercial
and/or			business,particularly in service stations owned and operated by Galp in Iberia,around 22% use water in carwash stations through water recycling systems in 2022.From
produced			2023,all new or revamped service stations with carwash stations will use water recycling systems.Galp also uses a small amount of brackish water at Refining and Midstream
water			segment(logistics)for the firewater system. Regarding indirect use of non-freshwater(e.g. brackish water)within our supply chain (e.g. production of materials and others)we
available			can assume that the majority of our key inputs consumed are not water intensive,justifying the importance rating selected.Galp estimates that its water dependency will
for use			increase in the next 5 years for both direct and indirect operations, as the Refining segment represent around 75% of water withdrawals and there will be two new
			projects(HVO and H2 production units) that are expected to represent an increase of total water withdrawals in 2027 when comparing with 2022. However, to minimize these
			increases, eco-efficiency measures are being planned,such as a project for the recovery of rainwater from HVO unit buildings' roofs for use in the process.

W1.2

(W1.2) Across all your operations, what proportion of the following water aspects are regularly measured and monitored?

	% of	Frequency of	Method of measurement	Please explain
	sites/facilities/operations	measurement
Water	100%	Continuously	Galp measures water withdrawals in real-	For Refining, that represents 75% of total water withdrawals, water is provided by Águas do Santo
withdrawals -			time, or through estimations using	André, a water utility company. Galp collects data on water supply at site level through flow meters and
total volumes			flowmeters.	reports it monthly in a global database, named GRID - Management and Reporting of Performance
				Indicators. The data consolidation and reporting methodology comprehends all activities where Galp has
				a 50% stake or more and/or when it has operational control.
Water	100%	Continuously	Galp measures water withdrawals by source	For Refining, which represents 75% of total water withdrawals, water is provided by Águas de Santo
withdrawals -			for all its sites in real-time, or through	André (AdSA), a water utility company provides water to all Sines Industrial and Logistics Zone, where
volumes by			estimations using flowmeters.	Sines Refinery is included. The Industrial Water system originates in the Sado River and includes
source				collection, supply, treatment, storage and distribution to the Sines Industrial and Logistics Area. Galp
				collects data on water supply, at site level through flow meters and reports it monthly in a global
				database, named GRID - Management and Reporting of Performance Indicators. The data consolidation
				and reporting methodology comprehends all activities where Galp has a 50% stake or more and/or when
				it has operational control.
Entrained water		<>
associated with		Applicable>
your metals &
mining and/or
coal sector
activities - total
volumes [only
metals and
mining and coal
sectors]
Produced water	Not relevant	<>		Currently, Galp's operated Upstream assets are on the exploration phase, and do not yet have any
associated with		Applicable>		development plans or production.
your oil & gas
sector activities -
total volumes
[only oil and gas
sector]
Water	100%	Monthly	Galp measures water withdrawals quality or	The refining segment represents 75% of total water withdrawals. These water withdrawals are supplied
withdrawals			through third-party analysis results	by Águas de Santo André, a water utility company. The quality of the water distributed by AdSA is
quality				controlled through the Water Quality Control Programme (PCQA), approved by the Water and Waste
				Regulatory Authority (ERSAR), in accordance with Portuguese Decree-Law 306/2007, of 27 August, in
				its consolidated version. Quarterly, it will also send the results obtained in the analyses to verify
				conformity of quality, carried out in the respective high delivery points and to the Health Authorities
				involved, to the management entities to which it supplies water, in compliance with what is established in
				paragraphs 1 and 7 of article 17.
Water	100%	Continuously	Galp measures water discharges (volumes)	Galp collects data on water discharge volumes at site level through flow meters and reports it monthly in
discharges -			for all its sites in real-time using flowmeters,	a global database, named GRID - Management and Reporting of Performance Indicators. The data
total volumes			or through estimations.	consolidation and reporting methodology comprehends all activities where Galp has a 50% stake or
				more and/or when it has operational control. Water discharged is measured on a monthly basis. Several
				methods are used (e.g. real measurements, estimates, through invoices, others). Discharge points that
				Galp has in other operations such as Service stations or Terminals are authorised by the competent
				authority and most establish a self-monitoring programme that also considers volume measurement.

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	% of	Frequency of	Method of measurement	Please explain
	sites/facilities/operations	measurement
Water	100%	Continuously	Galp measures water discharges by	Galp collects data on water discharge volumes by destination at site level through flow meters and
discharges -			destination for all sites in real-time using	reports it monthly in a global database, named GRID - Management and Reporting of Performance
volumes by			flowmeters, or through estimations.	Indicators. The data consolidation and reporting methodology comprehends all activities where Galp has
destination				a 50% stake or more and/or when it has operational control. Water discharged is measured on a
				monthly basis. Several methods are used (e.g. real measurements, estimates, through invoices, others).
				In case of Sines Refinery, that represents 71% of total water discharges, industrial effluents suffers a
				pre-treatment at the refinery before being conducted to the WWTP of Ribeira de Moinhos WWTP, which
				belongs to AdSA.
Water	100%	Continuously	Galp measures water discharges by	Galp collects data on water discharge volumes by treatment method at site level through flow meters and
discharges -			treatment method for all sites in real-time	reports it monthly in a global database, named GRID - Management and Reporting of Performance
volumes by			using flowmeters, or through estimations.	Indicators. The data consolidation and reporting methodology comprehends all activities where Galp has
treatment				a 50% stake or more and/or when it has operational control. Water discharged is measured on a
method				monthly basis. Several methods are used (e.g. real measurements, estimates, through invoices, others).
				In case of Sines Refinery, that represents 71% of total water discharges, industrial effluents suffers a
				pre-treatment at the refinery before being conducted to the WWTP of Ribeira de Moinhos WWTP, which
				belongs to AdSA.
Water discharge	100%	Daily	Galp monitors water discharge quality by	All discharges are subject to authorisation by the regulatory authority and in this authorisation, self-
quality - by			standard effluent parameters using	monitoring programmes can be defined, which include different parameters, depending on the
standard effluent			accredited lab testing. Punctual samples are	authorisation, type of effluent, and receiving environment, and are followed during their validity period.
parameters			taken daily. Compound analyses are carried	For Refining, that represents 71% of our total wastewater, Galp monitors daily and weekly (punctual
			out twice a week, in conjunction with an	samples daily and compound analyses are carried out twice a week, accordingly with our Sampling Plan
			external water and wastewater utility	that stipulates the periodicities). These parameters are compared to the regulation of an wastewater
			company (Águas de Santo André) that	company that treats our effluent. This is considered usual and relevant, since this is discharged to
			treats the industrial effluent and is also	waterbodies, and thus we are required to ensure that our discharges' quality and quantity are compliant
			carried out on the saline effluent. There is a	with standards and regulations, namely ISO 14001 and Industrial Emissions Directive (IED) that is the
			dedicated Sampling Plan that stipulates the	main EU instrument regulating pollutant emissions from industrial installation.
			periodicities.
			The parameters monitored include pH,
			BOD, COD, TSS, Hydrocarbons.
Water discharge	100%	Daily	Galp monitors water discharges - emission	All discharges are subject to authorisation by the regulatory authority and in this authorisation, self-
quality -			to water lab testing. Punctual samples are	monitoring programmes can be defined, which include different parameters, depending on the
emissions to			taken daily. Compound analyses are carried	authorisation, type of effluent, and receiving environment, and are followed during their validity period.
water (nitrates,			out twice a week, in conjunction with an	For Refining, that represents 71% of our total wastewater, Galp monitors daily and weekly (punctual
phosphates,			external water and wastewater utility	samples daily and compound analyses are carried out twice a week, accordingly with our Sampling Plan
pesticides,			company (Águas de Santo André) that	that stipulates the periodicities). These parameters are compared to the regulation of an wastewater
and/or other			treats the industrial effluent and is also	company that treats our effluent. This is considered usual and relevant, since this is discharged to
priority			carried out on the saline effluent. There is a	waterbodies, and thus we are required to ensure that our discharges' quality and quantity are compliant
substances)			dedicated Sampling Plan that stipulates the	with standards and regulations, namely ISO 14001 and Industrial Emissions Directive (IED) that is the
			periodicities.	main EU instrument regulating pollutant emissions from industrial installation.
			The parameters monitored include pH,
			BOD, COD, TSS, Hydrocarbons.
Water discharge	100%	Daily	Galp monitors water temperature through.	For Refining, that represents 71% of our total wastewater, Galp monitors daily and weekly (punctual
quality -			punctual samples are taken daily.	samples daily and compound analyses are carried out twice a week, accordingly with our Sampling Plan
temperature			Compound analyses are carried out twice a	that stipulates the periodicities). These parameters are compared to the regulation of an wastewater
			week, in conjunction with an external water	company that treats our effluent. This is considered usual and relevant, since this is discharged to
			and wastewater utility company (Águas de	waterbodies, and thus we are required to ensure that our discharges' quality and quantity are compliant
			Santo André) that treats the industrial	with standards and regulations, namely ISO 14001 and Industrial Emissions Directive (IED) that is the
			effluent and is also carried out on the saline	main EU instrument regulating pollutant emissions from industrial installation.
			effluent. There is a dedicated Sampling
			Plan that stipulates the periodicity.
			The parameters monitored include pH,
			BOD, COD, TSS, Hydrocarbons.
Water	100%	Monthly	Galp measures water consumption through	Galp collects data on water withdrawals and water discharge at site level in a global database, named
consumption -			the difference between water withdrawals	GRID - Management and Reporting of Performance Indicators. The data consolidation and reporting
total volume			and water discharges, when reported	methodology comprehends all activities where Galp has a 50% stake or more and/or when it has
			monthly.	operational control. 100% of Galp sites are monitored for these water aspects. Water consumption is
				calculated monthly upon the reporting of water discharges and water withdrawals at site level.
Water	100%	Continuously	For water recycled used in the process,	In case of Sines Refinery, that represents 50% of total water recycled/reused, For water recycled used in
recycled/reused			there is a dedicated flow meter, so the	the process, there is a dedicated flow meter, so the values are continuously stored in the real time
			values are continuously stored in the real	database. Rainwater reused in the fire service network is calculated on the basis of the pump operating
			time database. Rainwater reused in the fire	time (hours per day/month) that carries out this transfer between the Clean Water Basin and the Fire
			service network is calculated on the basis of	Service Basin.
			the pump operating time (hours per
			day/month) that carries out this transfer
			between the Clean Water Basin and the
			Fire Service Basin.
The provision of	100%	Continuously	Inspections to verify workers conditions can	For Galp, the provision of WASH services to all workers is a fundamental right. Galps provides access to
fully-functioning,			occur anytime throughout the year and,	decent employment, guaranteeing its employees a safe and healthy working environment and
safely managed			through its Code of ethics and conduct,	encourages he development of audits and inspections, in order to assess compliance with the
WASH services			Galp encourages its workers to	requirements, assuming the results as a management tool for continuous improvement.
to all workers			communicate any infringement. Human
			rights assessment is done every 3 years.

W1.2b

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(W1.2b) What are the total volumes of water withdrawn, discharged, and consumed across all your operations, how do they compare to the previous reporting year, and how are they forecasted to change?

	Volume	Comparison	Primary	Five-	Primary	Please explain
	(megaliters/year)	with	reason for	year	reason
		previous	comparison	forecast	for
		reporting	with		forecast
		year	previous
			reporting
			year
Total	9343	About the	Facility	Higher	Facility	For "Comparison with previous reporting year" and "Five-year forecast", Galp divides the thresholds in: Deviation between +/- 5%
withdrawals		same	closure		expansion	= about the same; deviation +/- 5-15% = higher / lower; deviation > +/- 15% = much higher / much lower. Total water withdrawals
						remain about the same as last year's (a decrease of about 1%), although there was a reduction of about 7% in water withdrawals
						from third party, a result mainly due to the closure of Matosinhos Refinery and its transformation in a Logistics Park, reducing
						water withdrawals in this site in about 94%. Galp expects that the global water withdrawals (volumes) will be higher due to the
						expansion of Sines Refinery Complex, adding two new production units of HVO and H2 (an expected increase in 2027 when
						comparing with 2022). Nevertheless, to minimize these increases, it is planned a project for the recovery of rainwater from HVO
						unit buildings' roofs for use in the process. Also in Refining, Galp has adopted an action plan focused on specific projects and
						operational excellence initiatives, to reduce water withdrawal, reduce associated discharges and improve wastewater treatment
						and water recycling. In the Commercial business, Galp also promotes water circularity, particularly in service stations owned and
						operated by Galp in Iberia, where around 22% use water in carwash stations through water recycling systems. Adding to this,
						from 2023, all new or revamp service stations with carwash stations will use water recycling systems. We have planned in our
						Sustainability Roadmap initiatives (2023-2025) to incorporate a water stewardship methodology, involving our sites and
						stakeholders through a collaborative approach.
Total	6125	About the	Change in	About	Facility	For "Comparison with previous reporting year" and "Five-year forecast", Galp divides the thresholds in: Deviation between +/- 5%
discharges		same	accounting	the	expansion	= about the same; deviation +/- 5-15% = higher / lower; deviation > +/- 15% = much higher / much lower. The increase in total
			methodology	same		discharges (about 5%) can be explained by a higher discharged to groundwater compared with the previous year, which can be
						explained due to an improvement in the accounting methodology, in the Commercial B2C segment, to become more transparent,
						although there was a significant decrease in discharges to seawater (49%) mainly because of the decrease in discharges (about
						51%) of the now closed Matosinhos Refinery, transformed into a Logistics Park. Galp expects that its total water discharges will
						be about the same in the next 5 years, since the new H2 production unit is not expected to have significant discharges
						associated due to the electrolysis process. Regarding the HVO production unit, the increase in discharges is expected to remain
						below a 5% increase. There are also efficiency measures implemented in the Refinery (which represents about 71% of total
						water discharged) as a part of an action plan to reduce water with withdrawal, reduce associated discharges and improve
						wastewater treatment and water recycling. Some examples are the installation of a membrane bioreactor (MBR) to increase the
						amount of industrial wastewater recycled and the significant investment in maintenance of the firefighting system, improving
						water efficiency. Other initiatives are implemented, such as the reuse of water in the fire and garden water systems and the reuse
						of process water.
Total	3218	Lower	Change in	Higher	Facility	For "Comparison with previous reporting year" and "Five-year forecast", Galp divides the thresholds in: Deviation between +/- 5%
consumption			accounting		expansion	= about the same; deviation +/- 5-15% = higher / lower; deviation > +/- 15% = much higher / much lower. Total consumption (a
			methodology			company-wide calculation), which refers to the withdrawals minus the discharges is lower (about 11%), mainly due to an
						increased in total water discharges that was superior to the decrease in total water withdrawals, due to an improvement in the
						accounting methodology in Commercial B2C. There was a significant reduction, regarding the previous year, in water discharges
						to seawater (49%) due to a decrease in discharges (about 51%) of the now closed Matosinhos Refinery, transformed into a
						Logistics Park. It is expected that, in 5 years, there will be a higher water consumption, mainly due to the fact that is expected
						that water withdrawals increase due to the new production units related to HVO and H2, where only the HVO unit is expected to
						contribute to total discharges in a more significant way, but still below a difference lower than 5%. Nevertheless, efficiency
						measures are being implement in Refining, namely the installation of a membrane bioreactor (MBR) to increase the amount of
						industrial wastewater recycled and the significant investment in maintenance of the firefighting system, improving water
						efficiency. In the Commercial business, Galp also promotes water circularity, particularly in service stations owned and operated
						by Galp in Iberia, where around 22% use water in carwash stations through water recycling systems.

W-OG1.2c

(W-OG1.2c) In your oil & gas sector operations, what are the total volumes of water withdrawn, discharged, and consumed (by business division), how do they compare to the previous reporting year, and how are they forecasted to change?

	Volume	Comparison	Primary reason	Five-	Primary	Please explain
	(megaliters/year)	with	for comparison	year	reason
		previous	with previous	forecast	for
		reporting	reporting year		forecast
		year
Total withdrawals -	2.48	Much higher	Increase/decrease	Unknown	Unknown	For "Comparison with previous reporting year", Galp divides the thresholds in: Deviation between +/- 5% = about
upstream			in business			the same; deviation +/- 5-15% = higher / lower; deviation > +/- 15% = much higher / much lower.
			activity			In 2022 total water withdrawal-upstream was much higher compared to the previous year (an increase of 100%).
						This increase relates to perforation activities that occurred in the exploration phase of one of our assets.
						Currently, in case of upstream and for operated assets, we are on the exploration phase and due to the
						uncertain outcome of the exploration phase in this type of assets, there is no credible data to make any reliable
						forecast of future water usage trends in these assets.
Total discharges -	0.2	Much higher	Increase/decrease	Unknown	Unknown	For "Comparison with previous reporting year", Galp divides the thresholds in: Deviation between +/- 5% = about
upstream			in business			the same; deviation +/- 5-15% = higher / lower; deviation > +/- 15% = much higher / much lower.
			activity			In 2022 total water discharges-upstream were much higher compared to the previous year (an increase of
						100%). This increase relates to perforation activities that occurred in the exploration phase of one of our assets.
						Currently, in case of upstream and for operated assets, we are on the exploration phase and due to the
						uncertain outcome of the exploration phase in this type of assets, there is no credible data to make any reliable
						forecast of future water usage trends in these assets.
Total consumption -	2.2	Much higher	Increase/decrease	Unknown	Unknown	For "Comparison with previous reporting year", Galp divides the thresholds in: Deviation between +/- 5% = about
upstream			in business			the same; deviation +/- 5-15% = higher / lower; deviation > +/- 15% = much higher / much lower.
			activity			In 2022 total water consumption-upstream was much higher compared to the previous year (an increase of
						100%). This increase relates to perforation activities that occurred in the exploration phase of one of our assets
						which increased our water withdrawals more than our discharges.
						Currently, in case of upstream and for operated assets, we are on the exploration phase and due to the
						uncertain outcome of the exploration phase in this type of assets, there is no credible data to make any reliable
						forecast of future water usage trends in these assets.

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