Portugal’s Galp plans to begin producing biofuels in 2026
LISBON, Dec 19 (Reuters) – Portugal’s Galp Energia (GALP.LS), expects to begin producing biodiesel and biojet gasoline from waste in an industrial-scale unit it’s constructing at its Sines refinery in 2026, the corporate, which is primarily an oil producer and refiner, stated on Thursday.
Final yr Galp entered right into a 75%-25% three way partnership with Japan’s Mitsui (8031.T), to speculate 400 million euros ($415 million) within the Hydrogenated Vegetable Oil (HVO) plant, which could have a manufacturing capability of 270,000 metric tons per yr.
It is going to remodel waste supplies, reminiscent of used cooking oils, into renewable biodiesel and biojet gasoline, also called sustainable aviation gasoline (SAF), utilizing inexperienced hydrogen produced by an electrolyser powered by wind or photo voltaic vitality.
Galp stated in an announcement it acquired on Wednesday the three reactors to course of biofuels, which is able to permit the HVO unit to
Poduce SAF and biodiesel in 2026… putting Galp on the forefront of creating low-carbon options important for the vitality transition.
Galp can be investing 250 million euros in a 100 megawatt (MW) electrolyser unit to provide inexperienced hydrogen to energy the refinery in Sines.
($1 = 0.9637 euros)
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Portugal’s Galp plans to begin producing biofuels in 2026, supply
