SOCAR participates in tender held by Odessa Port Plant

SOCAR Energy Ukraine, the Ukrainian subsidiary of the State Oil Company of Azerbaijan (SOCAR), is currently participating in a tender announced by the Odessa Port Plant for the supply of raw materials and finished products based on tolling, Ibrahim Ahmadov, Deputy Chief of SOCAR's Public Relations and Events Department, told Report.

According to him, the tender procedure has not been completed yet: "Odessa Port Plant produces ammonia and urea, and the raw material is natural gas."

Odessa Port Plant is a state chemical company engaged in the production of ammonia, urea, liquid nitrogen, carbon dioxide, and liquid oxygen. The plant's design capacity is 450,000 tons per year for the production of ammonia, and 330,000 tons per year for urea. The capacity of the ammonia transfer complex is 4.3 million tons per year, urea and methanol - 5 and 1 million tons per year.

The plant is located on the shore of the Small Adzhalyk Estuary, 35 kilometers from Odessa. According to various estimates, the total area of the plant is about 250 hectares.

The Verkhovna Rada of Ukraine has adopted in the second reading a bill to begin "major privatization." Thus, after adopting this bill, important government facilities can be sold to private entrepreneurs and companies. This includes large companies such as the giant Ukrainian Railways (Ukrzaliznytsia), the Ukrainian National Post (Ukrposhta), and the oil and gas company Naftogaz. Under the terms of the sale, those who own 49% of the shares will have almost unlimited right to influence decisions.