May 26, 2024
QatarEnergy Signs 15-Year Urea Supply Deal With Koch Fertilizer
Bloomberg News
,![A tractor collects bales of hay during a heatwave outside Elgin, Texas, US, on Wednesday, July 20, 2022. In Texas 100-degree Fahrenheit temperatures plus the soaring costs for feed, fertilizer, fuel and the lack of water and hay have made it too expensive for farmers to sustain livestock. Photographer: Sergio Flores/Bloomberg, Bloomberg A tractor collects bales of hay during a heatwave outside Elgin, Texas, US, on Wednesday, July 20, 2022. In Texas 100-degree Fahrenheit temperatures plus the soaring costs for feed, fertilizer, fuel and the lack of water and hay have made it too expensive for farmers to sustain livestock. Photographer: Sergio Flores/Bloomberg](/polopoly_fs/1.2077525.1716793881!/fileimage/httpImage/image.jpg_gen/derivatives/landscape_620/a-tractor-collects-bales-of-hay-during-a-heatwave-outside-elgin-texas-us-on-wednesday-july-20-2022-in-texas-100-degree-fahrenheit-temperatures-plus-the-soaring-costs-for-feed-fertilizer-fuel-and-the-lack-of-water-and-hay-have-made-it-too-expensive-for-farmers-to-sustain-livestock-photographer-sergio-flores-bloomberg.jpg)
(Bloomberg) -- QatarEnergy signed a long-term urea supply deal with Koch Fertilizer LLC, a US-based fertilizer producer and supplier.
The 15-year agreement, starting in July 2024, is for the supply of as much as 0.74 million tons of urea per annum to Koch Fertilizer, QatarEnergy said in an emailed statement on Sunday. Under this agreement, urea of Qatari origin will be supplied into the agricultural sectors of the US and other international markets.
©2024 Bloomberg L.P.