1 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 building at its Sines refinery in 2026, the business, which is mainly an oil manufacturer and refiner, said 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 Grease (HVO) plant, which will have a production capacity of 270,000 metric lots per year.

It will transform waste materials, such as utilized cooking oils, into renewable biodiesel and biojet fuel, likewise known as sustainable aviation fuel (SAF), utilizing green hydrogen 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 system to "produce SAF and biodiesel in 2026 ... putting Galp at the forefront of developing low-carbon options important for the energy transition".

Galp is likewise 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