Russia restricts the passage of ships to the port of Yuzhny due to ammonia

Russia restricts the passage of ships to the port of Yuzhny due to ammonia

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The Russian side notified the Joint Coordination Center in Istanbul of restricting the passage of ships to the port of Yuzhny in Odessa as part of the implementation of the Black Sea Food Initiative. This was announced on Thursday, June 1, at the United Nations.

As noted in the UN, Russia decided to limit the passage of ships to Yuzhny until the part of the agreement relating to the export of ammonia is implemented.

The launch of the Togliatti-Odessa ammonia pipeline is one of the systemic tasks previously named by the Russian side as a prerequisite for maintaining the grain deal. Although Russia is ready to launch the Togliatti-Odessa ammonia pipeline without delay, the Ukrainian authorities are preventing this under false pretensespointed out the representative of the Russian Foreign Ministry Maria Zakharova.

Artem Deev, head of the analytical department at AMarkets, noted that this is a truly serious problem for the global food market. Ammonia fertilizers are extremely in demand by the agricultural complex, and Russia as the main producer and exporter of ammonia there is simply no one to replace.

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