As reported by Reuters, the partners in Israel’s Leviathan natural gas field have agreed to supply US$55 million worth of gas to the Haifa Group over five years.
Haifa Group, which deals in specialty fertilizers, will buy 0.06 billion m3 of gas each year under the deal. The company is planning to invest 1.2 billion shekels (US$347 million) to double its production capacity in southern Israel, including the construction of a new ammonia plant.
Read the article online at: https://www.worldfertilizer.com/project-news/03072020/haifa-group-to-buy-gas-produced-from-leviathan-field/
The offtake agreement is for 500 000 tpy of potash, while the marketing agreement is to sell Brazil Potash's remaining 1.9 million tpy of potash. The barge transportation agreement is to ship the initial planned 2.4 million tpy of potash of production to inland ports within Brazil.