Portugal's Galp Plans to Start Producing Biofuels In 2025

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

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 developing at its Sines refinery in 2026, the company, which is mainly an oil manufacturer 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 tons each year.


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


Galp stated in a statement it got on Wednesday the 3 reactors to process biofuels, which will allow the HVO system to "produce SAF and biodiesel in 2026 ... putting Galp at the leading edge of developing low-carbon options important 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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