New Portuguese Biodiesel Plant Gets the Green Light
08.03.2023 By Tank Terminals - NEWS

August 3, 2023 [Biofuels Internationals]- Portugal’s environment regulator has approved a project by Galp to produce biodiesel and SAF using cooking oils at its Sines refinery.

Galp aims to build a Hydrogenated Vegetable Oil (HVO) plant, with an initial investment of €269 million at its refinery south of Lisbon, where it plans to install its first 100-megawatt (MW) green hydrogen unit.
The green light from the regulator is essential for the company to take a final investment decision, Reuters reported.
Galp wants to accelerate its decarbonisation processes and plans to allocate around 50% of its capital expenditure to low-carbon activities through 2025.
In a statement, Portugal’s APA environment agency said its favourable decision took into account “the identified negative impacts, generally possible to be minimised, and the expected positive impacts”.
The agency noted that the project aimed to transform waste materials, such as used cooking oils and animal fats “into fuels for current use, of renewable origin, namely biodiesel and biojet”, also known as sustainable aviation fuel (SAF).
The plant will have a maximum production capacity of 262,700 tons per year of biodiesel and 193,000 annual tons of biojet and other products, also from renewable sources, APA added.

Pro Trial: Access 12,600 Tank Terminal and Production Facilities

12,600 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

Eastern Libya Government Offers Refinery Project to Russian Company
05.20.2024 - NEWS
May 20, 2024 [Oilprice]- The eastern Libyan government has offered Russia’s Tatneft the opportu... Read More
Santos Port Authority to Auction STS 08 Liquid Bulk Terminal
05.20.2024 - NEWS
May 20, 2024 [Datamar News]- The Santos Port Authority (APS) will launch the auction notice for t... Read More
China Biofuel Makers Bet on Sustainable Aviation Fuel
05.20.2024 - NEWS
May 20, 2024 [Reuters]- Biofuel firms are pouring more than $1 billion into building China’... Read More
TotalEnergies Strikes Supply Deal with Dangote on Nigerian Refinery
05.20.2024 - NEWS
May 20, 2024 [Reuters]- French energy major, TotalEnergies, had struck its first supply deal with... Read More