Portugal's Galp Plans to Start Producing Biofuels In 2025

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LISBON, Dec 19 (Reuters) - Portugal's Galp Energia anticipates to start producing biodiesel and biojet fuel from waste in an industrial-scale unit it is constructing at its Sines refinery in 2026,.

LISBON, Dec 19 (Reuters) - Portugal's Galp Energia anticipates to start producing biodiesel and biojet fuel from waste in an industrial-scale system it is building at its Sines refinery in 2026, the business, which is primarily an oil producer and refiner, stated on Thursday.


In 2015 Galp got in into a 75%-25% joint endeavor with Japan's Mitsui to invest 400 million euros ($415 million) in the Hydrogenated Vegetable Oil (HVO) plant, which will have a production capacity of 270,000 metric loads per year.


It will change waste materials, such as used cooking oils, into renewable biodiesel and biojet fuel, also known as sustainable air travel fuel (SAF), using green hydrogen produced by an electrolyser powered by wind or solar power.


Galp stated in a declaration it got on Wednesday the 3 reactors to process biofuels, which will allow the HVO unit to "produce SAF and biodiesel in 2026 ... positioning Galp at the forefront of establishing low-carbon options essential for the energy shift".


Galp is also investing 250 million euros in a 100 megawatt (MW) electrolyser unit to produce green hydrogen to power the refinery in Sines. ($1 = 0.9637 euros) (Reporting by Sergio Goncalves;-RRB-

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