Fertilizer terminal to be built in Novorossiysk seaport

Business & Economy November 19, 11:11

Investments in the project are estimated at 28.4 bln rubles ($351.5 mln)

MOSCOW, November 19. /TASS/. A mineral fertilizer terminal with the capacity of six million metric tons per year is planned to be built in Novorossiysk in 2025-2030, the Novorossiysk Commercial Seaport (with Transneft as its controlling shareholder) said in the presentation at the Russian Transport forum.

Investments in the project are estimated at 28.4 bln rubles ($351.5 mln).

"The implementation period is in 2025-2030," the presentation indicates.

Key technical solutions and the investment declaration are being developed now.

TASS is the general information partner of the 19th Russian Transport International Forum and Exhibition.

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