Odesa Port Plant is paid compensation for the seized russian ammonia

Odesa Port Plant JSC stored and shipped seized russian ammonia. The buyer must compensate the costs.

“According to the results of the sale of five batches of russian ammonia with a total volume of about 42,000 tons, ARMA received more than 1.32 billion hryvnias, which is many times higher than the proceeds from sales for all previous years of operation,” ARMA’s press service reported.

The last batch of seized russian ammonia, amounting to 9.7 thousand tons, was sold for UAH 254 million.

At the same time, the buyer must pay, in addition to the price,

remuneration to the electronic site, compensation to the state-owned enterprise “Odesa Port Plant” JSC for the reception, cooling, storage and shipment of raw materials, as well as VAT and customs payments.

Funds from the property sold, after approval by the government, will be transferred to the purchase of military bonds.