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Sinochem News on June 9, Baku International Maritime Trade Port, Azerbaijan, announced that the company will build a strategic fertilizer terminal in Alte, Azerbaijan
.
The strategic terminal is jointly funded and constructed by the Azerbaijani government and Baku Port.
It is reported that the landlocked countries of Central Asia have great potential in transferring fertilizers to Western markets through Azerbaijan
.
Turkmenistan, Uzbekistan and Kazakhstan in Central Asia have a variety of fertilizer production capacity, including urea, sulfur fertilizer, and more than 6.
Taleh Ziyadov, Director-General of the Port of Baku, said: “From 2018 to 2020, the amount of fertilizers from Central Asia transshipped through the port of Baku increased by more than 13 times, and this trend is still accelerating
.
In the first five months of 2021, More than 450,000 tons of fertilizers were sold, demonstrating the reliability of Azerbaijan’s logistics corridor