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Yara President Holseter announced the EU’s dependence on fertilizers from Russia

The president of the Norwegian chemical company Yara, Svein Tore Holseter, made a statement that Europe has changed its inherent energy dependence on Russia to another dependence, fixed in the supply of food and fertilizers. The relevant information was shared by Euractiv.

Holseter made accusations against Moscow, saying that the Russian side uses fertilizers and food “as weapons.” According to him, the coming year 2024 will be decisive for the European Union (EU). Yara’s president called for incentives for farmers and a “predictable financing structure” for industry.

He emphasized that the reduction of European countries’ dependence on energy resources supplied by Russia has caused huge costs for households and industry.

Previously Public News Service reported, that the Federal State Statistics Service shared information that the production of mineral fertilizers for the November period reached the level of 2.3 million tons. This is 24 percent higher than the figures recorded last year.

Message Yara President Holseter announced the EU’s dependence on fertilizers from Russia appeared first on Public news service.

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