24 Hrs
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بوابة الشروق
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Petroleum and Agriculture Ministries deny fertilizer cuts
The Ministries of Agriculture and Land Reclamation and Petroleum and Mineral Resources categorically deny the accuracy of a report suggesting a reduction in the subsidized fertilizer share supplied by companies to the Ministry of Agriculture. They clarified that the annual quota remains fixed at 2.4 million tons, with no intentions to alter or reduce these quantities. Both ministries confirmed that no meetings have been held nor decisions issued regarding any adjustment of the allocated quotas. The processes of loading and supplying fertilizers continue according to scheduled plans to ensure farmers receive sufficient quantities. Additionally, they reiterated their commitment to maintaining natural gas supplies to fertilizer factories to support continuous production, meet domestic market needs, and facilitate exports. They also reaffirmed their commitment not to change the selling price of fertilizers to farmers. The ministries urged caution and accuracy in disseminating information related to the subsidy system and the gas supply scheduling, to prevent causing unnecessary market anxiety.
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