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Campsa

From Alfawiki
Compañía Arrendataria del Monopolio del Petróleo, S.A. (Campsa)
Company typeGovernment-owned enterprise
IndustryPetroleum
FoundedJune 24, 1927; 99 years ago (1927-06-24)
FounderBanco Urquijo, Banco Hispano-Americano, Banco Español de Crédito, Banco Herrero, Banco de Vizcaya, Banco de Bilbao, Banco de Cataluña, Banco Hispano Colonial, Banca Marsans
Defunct1992 (1992)
FateOperations ceased; holdings distributed among Repsol, Cepsa, BP; brand rights acquired by Repsol; remaining assets restructured into Compañía Logística de Hidrocaburos, S.A. (CLH)
Headquarters
Spain
ProductsPetroleum products

Compañía Arrendataria del Monopolio del Petróleo, S.A. (Campsa) functioned as Spain's government-owned enterprise for petroleum products, founded in the 1920s during General Primo de Rivera's regime. It ceased operations in 1992 following compliance with European Union directives, with its holdings being distributed among Spain's leading private oil companies, notably Repsol, Cepsa, and BP. The rights to the Campsa brand were secured by Repsol.

The assets that remained, primarily related to logistics and pipeline infrastructure alongside its archival records, were restructured into Compañía Logística de Hidrocaburos, S.A. (CLH). In 2008, a formal transfer handed over these archives to the National Energy Commission.

Throughout the period of the Second Republic, CAMPSA focused on the distribution of oil and its derivatives, establishing 16 principal storage centers and an additional 34 smaller facilities. Nevertheless, the company had limited involvement in domestic oil exploration or ownership of overseas oilfields.

History

The Compañía Arrendataria del Monopolio del Petróleo (C.A.M.P.S.A.) was founded on 24 June 1927 by a group of Spanish banking institutions: Banco Urquijo, Banco Hispano-Americano, Banco Español de Crédito, Banco Herrero, Banco de Vizcaya, Banco de Bilbao, Banco de Cataluña, Banco Hispano Colonial, and Banca Marsans.