Kremlin says shipping Belarusian potash through Russian ports is under discussion


MOSCOW, Feb 2 (Reuters) – Moscow is discussing the possibility of shipping Belarusian potash through Russian ports, Kremlin spokesman Dmitry Peskov told reporters on Wednesday.

Sanctions-hit Belarus said on Tuesday it had diverted its potash shipments from the Lithuanian port of Klaipeda to Russian ports after Vilnius decided to suspend the use of its railway for Belarusian exports from the country. nutrient. Read more

“This issue is on the agenda, it is being discussed,” Peskov said. “If I’m not mistaken, this flow (of transport) has not started yet.”

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The state-owned company Belaruskali is the world’s second largest producer of potash, which it exports through its subsidiary Belarus Potash Company (BPC).

Washington sanctioned the producer in 2021 as part of the West’s response to Belarusian President Alexander Lukashenko’s crackdown on political opponents. US sanctions against BPC, the exporter, will be fully launched on April 1. find out more

The Baltic Sea is the main export route for Belarusian fertilizers and Russian help is crucial for the landlocked country, which depends on potash exports for much of its foreign exchange earnings and relies on Moscow as an ally.

However, Russia’s Baltic Sea ports do not have enough free capacity to handle the 12.5 million tonnes of PCB products per year, and it is impossible to accommodate shipments immediately, a source said. industry at Reuters.

“There is no room for them. But part of the amount will surely be adopted,” the source added.

The Russian Transport Ministry declined to comment.

BPC’s export markets include China, Brazil and India. India has suggested that BPC could open a rupee account with an Indian state-run bank to sell 1 million tonnes of potash to India, two Indian officials involved in the talks told Reuters. Read more

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Reporting by Dmitry Antonov, Polina Devitt and Gleb Stolyarov; written by Polina Devitt; edited by Jason Neely and Tomasz Janowski

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