Russia Launches Its First Ammonia Sea Terminal To Boost Exports Amidst Western Sanctions

The first Ammonia Sea Terminal in Russia was launched at the Ust-Luga Port on Friday.

The facility, designed to handle all kinds of fertilisers has a total production capacity of 14 million metric tonnes and will increase the country’s exports amidst difficulties created by Western sanctions.

Eurochem, a Russian fertiliser producer constructed the terminal and its launch was announced by Port Alliance, a company whose owners are not disclosed.

Earlier, Moscow exported Ammonia via its Baltic Ports and a pipeline which linked Togliatti, a Russian city with Ukraine’s Odesa Port, however access to western port facilities and the pipeline was cut off for Russian suppliers due to the imposition of sanctions.

Russian Authorities state that there is a shortage of terminals in Russia for dealing with chemicals and dangerous goods, which amounts to roughly six million tonnes annually.

The new facility for ammonia will hopefully help in boosting exports despite the sanctions imposed by the West, due to Russia’s war against Ukraine.

References: Logistics

Source: Maritime Shipping News