Yara International ASA, Oslo, will not proceed with plans to build a 1.2 million mt/y nitrogen plant in Mozambique due to a strategic shift and low nitrogen prices, according to Bloomberg, citing the Maputo-based news website Zitamar. Previously, the company had been looking for a partner for the project (GM Nov. 3, 2017).
The company had planned to use natural gas in northern Mozambique to make fertilizer. Yara was among companies, including Shell and Great Lakes Energy, that won rights in 2016 to use natural gas produced in Cabo Delgado province for domestic projects.
Yara had not responded to inquiries for further comment and confirmation at press time.