ASHGABAT, 28 April (BelTA) – Turkmenistan is ready to sell potash fertilizers produced at the future joint companies via the Belarusian Potash Company (BPC). Turkmenistan confirmed its interest at the recent talks between the authorities of the BPC and the Turkmenhimiya Concern in Ashgabat, Belarusian Potash Company Director General Vladimir Nikolayenko told media on 28 April.
Belarus is taking part in the construction of an ore-dressing and processing enterprise to produce potash fertilizers in Turkmenistan. The contract totals $1 billion. “The world’s latest technologies are used in the construction of the company. This facility is of great interest for the Belarusian Potash Company, and we are interested in further cooperation after the enterprise enters service,” Vladimir Nikolayenko stressed.
“In two or three years this company will start its operation in Turkmenistan, and the Turkmenhimiya authorities are also interested in a joint work on the export market,” the BPC head stated.
The company in Turkmenistan has its own commodity-distribution networks. “Taking into account that our specialists are constructing the company, and the whole engineering potential is focused here, we would like to see the export of potash fertilizers coming through one company, the Belarusian Potash Company, in the future” Vladimir Nikolayenko said. The talks showed that the Turkmen side is interested to have export of potash fertilizers handled by the Belarusian Potash Company.
According to Vladimir Nikolayenko, the company is well established in the world market and distinguished by high level of professionalism. The BPC sales network covers all regions of the world. The company operates 6 missions abroad, namely in China, India, Singapore, Brazil, Panama, and the United States.
He noted that if Turkmenistan develops two fields, as scheduled, it will produce about 2.8 million tonnes of potash fertilizers annually. The bulk of them will be exported since the domestic demand in the country does not exceed 10,000 tonnes.
Vladimir Nikolayenko said that the BPC is not afraid of competition from the Turkmen enterprise. Working today at its 100% capacity, the BPC does not meet the needs of customers for potash fertilizers. In addition, demand for fertilizers will continue to be high.
The Belarusian Potash Company annually exports more than 11.5 million tonnes of potash fertilizers, holding a 33% share of total world exports. With the merger of Russia’s Uralkali and Silvinit, the BPC will be able to export more than 16 million tonnes of potash fertilizers, which will account for 44% of world exports.