The board of JSC Odesa Port-Side Plant has extended a control for tolling gas processing with Agro Gas Trading LLC from September 1, 2020.
The plant said that the contract was extended until the moment when the new winner of the tender is selected, but no later than the end of 2020. As part of the prolongation of the contract, the terms of cooperation have been improved: from September 1, the price for one tonne of ammonia will be $41 and $60 per tonne for urea.
The Odesa Port-Side Plant recalled that the last announced tender was blocked in courts by one of its participants, and the procedure for selecting a supplier company approved by the supervisory board of the plant provides for a ban on out-of-tender selection.
“According to the current legal regulations, the decision to extend the contract with the current tolling supplier was the only one to which the board had the right, taking into account the existing injunction, and no alternative from the point of view of ensuring the stable operation of the plant,” the plant said.
The plant said that the continuity of the production process in terms of improving financial and social performance is a priority for the company’s management.
