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, the company, which is mostly an oil producer and refiner, stated on Thursday.

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

It will change waste materials, such as utilized cooking oils, into renewable biodiesel and biojet fuel, also called sustainable aviation fuel (SAF), utilizing green hydrogen produced by an electrolyser powered by wind or solar power.

Galp said in a statement it got on Wednesday the 3 reactors to process biofuels, which will enable the HVO system to "produce SAF and biodiesel in 2026 ... positioning Galp at the forefront of establishing low-carbon options vital for the energy transition".

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