Agro Diesel (India) Private Ltd
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Portugal’s Galp Plans to Start Producing Biofuels In 2025
LISBON, Dec 19 (Reuters) – Portugal’s Galp Energia expects to begin producing biodiesel and biojet fuel from waste in an industrial-scale system it is constructing at its Sines refinery in 2026, the company, which is primarily an oil producer and refiner, stated on Thursday.
In 2015 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 capacity of 270,000 metric loads each year.
It will change waste products, such as used cooking oils, into sustainable biodiesel and biojet fuel, also referred to as sustainable aviation fuel (SAF), utilizing green hydrogen produced by an electrolyser powered by wind or solar energy.
Galp said in a statement it got on Wednesday the 3 reactors to process biofuels, which will allow the HVO system to “produce SAF and biodiesel in 2026 … positioning Galp at the leading edge of establishing low-carbon services vital 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;-RRB-
