Portugal's Galp Plans to Start Producing Biofuels In 2025

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

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


Last year Galp entered into a 75%-25% joint endeavor with Japan's Mitsui to invest 400 million euros ($415 million) in the Hydrogenated Grease (HVO) plant, which will have a production capability of 270,000 metric heaps each year.


It will change waste products, such as used cooking oils, into eco-friendly biodiesel and biojet fuel, also called sustainable air travel fuel (SAF), utilizing green hydrogen produced by an electrolyser powered by wind or solar energy.


Galp said in a declaration it received on Wednesday the three reactors to process biofuels, which will enable the HVO unit to "produce SAF and biodiesel in 2026 ... placing Galp at the leading edge of establishing low-carbon options vital for the energy shift".


Galp is likewise 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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