Baku hosting Argus conference on mineral fertilizers

Argus Fertilizer 2019. Production and Logistics in the Caspian and Black Sea Region international conference has kicked off in Baku, Azerbaijan.

Report informs that SOCAR Carbamide Plant challenges and prospects, Azerbaijan’s entry into the international fertilizer market, ammonia and urea markets in the Caspian and Black Sea region, premium export routes for Caspian fertilizer producers, requirement for new transshipment capacities, Azerbaijan’s agricultural industry and others are being discussed at the conference.

At the opening of the conference, SOCAR President Rovnag Abdullayev said that SOCAR and Argus have a positive experience in organization of events and conferences: "This cooperation is of importance for both sides. SOCAR and Argus are functioning as an effective information source for each other. Before producing fertilizer, SOCAR studied the potential markets for sale. We have also taken into consideration the access of other actors to the market. However, holding of such a conference in our country after construction of the SOCAR Carbamide Plant is a right and logical step. I believe that the conference will contribute to determination of main strategic sectors on sale and new markets, reconsideration of some issues if needed. I hope this conference will contribute to development of cooperation with the existing and new partners, formation of mineral fertilizers market in the Caspian Sea and Black Sea."

A visit will be organized to SOCAR Carbamide Plant tomorrow.

Argus is an independent media organisation with almost 950 staff. It is headquartered in London and has 21 offices in the world’s principal commodity trading and production centres. Argus produces price assessments and analysis of international energy and other commodity markets, and offers bespoke consulting services and industry-leading conferences. Companies in 140 countries around the world use Argus data to index physical trade and as benchmarks in financial derivative markets as well as for analysis and planning purposes.