Latvian Firm Struggling To Pay For Safe Ammonia Storage - Reports
Fahad Shabbir (@FahadShabbir) Published April 10, 2022 | 07:20 PM
MOSCOW (UrduPoint News / Sputnik - 10th April, 2022) Latvian ammonia transshipment firm Ventamonjaks fears it will soon not be able to guarantee safe storage of this hazardous substance after sanctions on its major Russian beneficiary stripped it of cash, Latvian media said.
Russian billionaire Dmitry Mazepin holds a 55% stake in the company that runs the largest ammonia transshipment business in the Baltic Sea.
It has 40,000 tonnes of liquid ammonia stored in the Latvian port city of Ventspils, according to the Leta news agency.
Ventspils City Council chairman Janis Vitolins told Leta that Ventamonjaks will run out of money for paying electricity bills by April 22.
Ammonia is mostly used to make fertilizers. It is toxic and explodes when exposed to high heat. Vitolins said its bulk posed a threat to the population and appealed to the prime minister and other responsible authorities for help in dealing with the issue.
Related Topics
Recent Stories
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 15 May 2024
Today Gold Rate in Pakistan 15 May 2024
German Consul General Dr. Rudiger Luts visits UoB
IHC issues notices to respondents in campaign against judges cases
Amazonian chief at UN to combat traditional knowledge piracy
Farewell ceremony for outgoing SP Saddar
2 officials of SFA arrested for extorting bribe
NCHR creates awareness of Human Rights through movies, short documentaries
Azma says no justification for demand to shift PTI chairman, wife to KP
Food Department rebuttal news of procuring wheat from blue-eyed middlemen
Nearly 450,000 Gazans now uprooted from Rafah amid relentless Israeli bombardmen ..
RCCI to host 16th All Pakistan Chambers Presidents’ Conference
More Stories From World
-
US says Boeing can be prosecuted for 737 MAX crashes
1 hour ago -
Canadian oil sands city evacuated as wildfire draws near
1 hour ago -
Chief of state oil company dismissed in Brazil
1 hour ago -
Bus accident in Peru leaves at least 16 dead
1 hour ago -
Riots rock France's New Caledonia over voting reform
8 hours ago -
Floods unite Brazilians in solidarity despite political rift
8 hours ago
-
Paris Holocaust memorial hit with red hand graffiti
8 hours ago -
Quarter of Gazans displaced again as fighting rages north to south
8 hours ago -
Biden sharply hikes US tariffs on Chinese EVs and chips
8 hours ago -
Thousands rally in Georgia after parliament passes 'foreign influence' law
8 hours ago -
Massive manhunt after French prison officers killed, inmate escapes in ambush
8 hours ago -
In big change, Google to use AI-generated answers in search results
9 hours ago