U.N. says deal close on resuming Russia ammonia exports via Ukraine

[BumRushDaShow]

Source: Reuters

NEW YORK, Nov 30 (Reuters) - A deal is "quite close" to resume Russian ammonia exports via a pipeline to a Black Sea port in Ukraine, U.N. aid chief Martin Griffiths told a Reuters NEXT event on Wednesday, stressing that it was "almost more important" than ensuring grain exports.

Facilitating Russia's food and fertilizer shipments is a central aspect of a package deal brokered by the United Nations and Turkey in July - and extended earlier this month - that also restarted Ukraine's Black Sea shipments of grain.

Russia's Feb. 24 invasion of its neighbor had stalled Ukraine's Black Sea exports of foodstuffs and also shut down a pipeline transporting ammonia from Russia to a Black Sea port in Ukraine. Ammonia is a key ingredient in nitrate fertilizer.

When asked about a deal to restart the ammonia pipeline, Griffiths said: "I think we're quite close, we're edging towards it this week."

Read more: https://www.reuters.com/markets/europe/un-says-deal-close-resuming-russia-ammonia-exports-via-ukraine-2022-11-30/

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There needs to be some serious discussions about all the single points of failure around the globe, but notably China and Russia.

[maxsolomon]

1. Um... haven't Ukraine's grain shipments been halted by Russian actions?

I understand the need for Ammonia shipments, but why should they get any part of the deal when they've reneged?

[BumRushDaShow]

2. The grain shipments resumed

albeit at a slower rate but increasing, earlier this month - https://www.npr.org/2022/11/17/1137336565/the-u-n-says-russia-agrees-to-extend-ukrainian-grain-exports

The problem is that the ammonia is apparently being transported via pipeline (which means it's apparently in the form of liquefied ammonia) and that is what has not resumed.