Pakistan Seeks $125m Saudi Credit For “Nitrogenous Fertiliser”

June 27th, 2008 Posted By Lftbhndagn.

anfo-image27.jpg

So thats where the Taliban are getting their supplies…

Explosives - ANFO (Ammonium Nitrate - Fuel Oil)

Biz Pak Tribune

27th Jun, 2008

ISLAMABAD: Pakistan government is negotiating with Saudi authorities for reviving another credit facility of $125 million for fertiliser import, The News has learnt.

A team of the Economic Affairs Division (EAD) is working out a strategy for the revival of Saudi credit facility for the import of nitrogenous fertiliser (urea), official sources of the EAD told this correspondent.

Pakistan nearly availed the existing Saudi credit facility of $133 million, which the kingdom pledged after the devastating earthquake in 2005 and Pakistan imported urea fertiliser as the country faced urea deficit in the last couple of years.

Prime Minister Syed Yousuf Raza Gilani in a meeting with the King of Saudi Arabia in the first week of June discussed economic cooperation between the two brotherly countries.

The Economic Affairs Division is devising modalities for operationalising the facility for at least two years because two urea fertiliser plants, one each of Fatima Group and Engro Chemicals, would be commissioned in 2010 and the country would be self-sufficient in the commodity, an official well aware of the development said.

The government is also importing 350,000 tonnes of urea for the ongoing Kharif season to meet the shortfall and the TCP has placed tenders for the import of the commodity.

Out of the total consumption basket of 7 million tonnes of fertilisers, 5.4 million tonnes are urea fertilisers while the remaining 1.6 million tonnes are phosphorous and potassic fertilisers.

For urea fertilisers, the country bristles with local production of 4.8 million tonnes and 0.6 million tonnes shortage is met through imports.


2 Responses

  1. Poe

    Well, they do grow shit in it too ya know… :evil:

  2. Kermit

    Urea is NOT Ammonium Nitrate. Urea is widely used and has replaced ammonium nitrate as the fertilizer of choice. Heck I think that just about all the manufacturing plants for this are just about gone in the U.S. Even most of the Urea plants are gone as well they where dismantled and shipped mostly to China, India and Pakistan.

    Urea manufacturing is almost gone from the U.S.

    Does anyone know about the explosion in Texas City, TX (between Galveston and Houston) just after WWII that made all the atomic blasts look like child’s play when several shiploads and warehouses full of ammonium nitrate exploded due someone tried to put out a ship fire with water. Water and this shit does not mix at all.

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