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Ukraine paid Russia $155 mln for carbamide in 2014 - 2016
18:20, 28 March 2017
Ukraine paid Russia $155 mln for carbamide in 2014 - 2016

Ukraine imported 632 000 tons of fertilizer from Russia for $155 mln during the years of the conflict between the countries

18:20, 28 March 2017

Open source

Ukraine has paid Russia $155 mln for imports of carbamide in 2014 – 2016. The Ukrainian News reported that on the basis of the statistics report of the Federal Customs Service of Russia.

Ukraine imported 164 000 tons of carbamide for $47.037 mln in 2014.

In 2015, Russia’s import of carbamide increased by 30% up to 213 000 tons for $57.203 mln.

Carbamide purchases continued growing in 2016. It grew by another 20% and reached the volume of 255 000 tons for another $51.589 mln.

Totally, 632 000 tons of carbamide were delivered to Ukraine from Russia  for more than $155 mln.

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70% of the carbamide imported was supplied by the Novomoskovsky Azot (Tula region), whiuch belongs to company EuroChem.

At that the share of the Bereznikovsky Azot (Perm Krai), incorporated to the UralChem, grew up to 25%.

The EuroChem belongs to the Russian oligarch Andrey Melnichenko, from the top 10 list of the Russia’s richest people according to Forbes in 2017. He also owns the longest sailing yacht in the world.

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The UralChem is controlled by its Board Chairman Dmitry Mazepin. Number of media reported that he was interested in purchasing the Odesa Port Plant.

As it was reported by the Ukrainian News, Ukraine paid Russia more than $550mln for Russian nitrogen fertilizers during the years of the conflict between the countries.

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On December 27, the Foreign Trade Interdepartmental Commission introduced 4% – 31% antidumping duties for imports of carbamide and carbamide-ammoniac compound from Russia for 5 years until 2022.

The decision was to enter into its force since March 2017, but it was suspended by the Foreign Trade Interdepartmental Commission in February.

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In August the Union of Ukrainian Chemists approached the Prime Minister Volodymyr Groysman and the Ministry of Economic Development and Trade to introduce carbamide and carbamide-ammoniac compound import duties from Russia as soon as possible and to increase the existing ammonium nitrate import duties from Russia.

Experts believe that Russia aims at full capturing Ukrainian market of the mineral fertilizers.

 

Related: Case of Firtash: Charges given to Ukrainian oligarch

 

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