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 from waste in an industrial-scale unit it is constructing at its Sines refinery in 2026, the company, which is primarily an oil manufacturer and refiner, stated on Thursday.

In 2015 Galp participated in 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 capability of 270,000 metric loads annually.

It will transform waste products, such as utilized cooking oils, into renewable biodiesel and biojet fuel, also referred to as sustainable aviation fuel (SAF), using green hydrogen produced by an electrolyser powered by wind or solar energy.

Galp said in a declaration it got on Wednesday the three 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 services essential for the energy transition".

Galp is also 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