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Some 40,000 tons of the hazardous materials are saved at a Latvian facility that’s unable to pay its service supplier on account of restrictions
The Latvian port metropolis of Ventspils could quickly encounter issue safely storing some 40,000 tons of liquid ammonia, metropolis council chairman Janis Vitolins instructed LETA information company on Sunday.
The hazardous materials is owned by Ventamonjak, the corporate that runs the liquid ammonia terminal situated on the native port. The terminal, which has a number of holding tanks to retailer ammonia, is the biggest facility of its sort within the Baltic Sea area.
Ventamonjak is managed by Uralchem Freight Restricted Cyprus, which is owned by Russian billionaire Dmitry Mazepin. The possession construction makes the terminal topic to the sanctions affecting Mazepin, the official defined. In consequence, Ventamonjak’s skill to carry out monetary transactions is at the moment restricted.
The anti-Russian sanctions have rendered the corporate unable to pay its contractor, VK Terminal Providers, which offers upkeep for the ammonia storage. The contractor will run out of funds by April 22 and might be unable to safe electrical energy and propane gasoline, which is required to make sure secure functioning of the power. The blackout that may ensue might compromise the storage of the hazardous materials, thus endangering the setting and the inhabitants of the town, Vitolins warned.
The town itself can’t intervene instantly within the scenario, the official defined. The town council raised the problem with the nation’s prime minister, the Monetary and Capital Market Fee and different establishments, but didn’t obtain “passable” solutions, in accordance with Vitolins. The dearth of communication in regards to the destiny of the power and the ammonia, in addition to the chance of a blackout, has prompted the council to unanimously assist elevating the problem with Latvia’s central authorities.
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