Portugal's Galp Plans to Start Producing Biofuels In 2025
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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 company, 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 Hydrogenated Vegetable Oil (HVO) plant, which will have a production capability of 270,000 metric heaps annually.

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

Galp said in a declaration it received on Wednesday the 3 reactors to process biofuels, which will permit the HVO system to "produce SAF and biodiesel in 2026 ... placing Galp at the forefront of developing low-carbon services essential for the energy transition".

Galp is also 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