Portugal's Galp Plans to Start Producing Biofuels In 2025
Terrie Muniz edited this page 7 months ago


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

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

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

Galp stated in a declaration it got on Wednesday the 3 reactors to process biofuels, which will enable the HVO unit to "produce SAF and biodiesel in 2026 ... putting Galp at the leading edge of establishing low-carbon solutions essential for the energy transition".

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