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Opened Jan 12, 2025 by Colin Headrick@colinheadrick
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Portugal's Galp Plans to Start Producing Biofuels In 2025


LISBON, Dec 19 (Reuters) - Portugal's Galp Energia anticipates to start producing biodiesel and from waste in an industrial-scale unit it is developing at its Sines refinery in 2026, the business, 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 Vegetable Oil (HVO) plant, which will have a production capacity of 270,000 metric loads each year.

It will transform waste materials, such as used cooking oils, into sustainable biodiesel and biojet fuel, likewise called sustainable aviation fuel (SAF), utilizing green hydrogen produced by an electrolyser powered by wind or solar energy.

Galp said in a statement it got on Wednesday the 3 reactors to process biofuels, which will permit the HVO system to "produce SAF and biodiesel in 2026 ... positioning Galp at the forefront of establishing low-carbon services necessary 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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Reference: colinheadrick/oleovest-pl#13