Gulf to become major fertiliser producer

[phantom power]

The UAE and other Gulf states are expected to pump billions of dollars in the next few years into expanding their fertilisers industry to face an upswing in global demand as a result of agricultural expansion, according to an official study.

The combined capital invested by the GCC states in fertilisers until the end of 2006 has totalled about $5.7 billion (Dh20.9bn).

The six Gulf Co-operation Council (GCC) states, which control more than 40 per cent of the world’s oil and a fifth of global gas wealth, are already among the largest fertiliser producers and the new projects will strengthen their position in the industry, said the study by the Doha-based Gulf Organisation for Industrial Consulting (GOIC), which advises on GCC manufacturing policies.

“There are indications that the world’s demand for fertilisers will grow fast in the next period as many countries are expanding and upgrading their agricultural sector and increasing their farm exports,” said the study.

http://www.business24-7.ae/cs/article_show_mainh1_story.aspx?HeadlineID=1772

[formercia]

1. Shipping Ammonium Nitrate and Oil in the same Tanker

Can you see where that's going?

Now the 'Terrorists' can shop locally.

[Vilis Veritas]

2. Guess they invested heavy in SHIT. nt

[Nihil]

3. What's that? Approaching the edge of a what? Full speed ahead!

> The six Gulf Co-operation Council (GCC) states, which control more than
> 40 per cent of the world’s oil and a fifth of global gas wealth, are
> already among the largest fertiliser producers

> “There are indications that the world’s demand for fertilisers will grow
> fast in the next period as many countries are expanding and upgrading
> their agricultural sector and increasing their farm exports,”

> expanding their fertilisers industry to face an upswing in global demand
> as a result of agricultural expansion

+ (from other thread) Qatar to start shipping 500 million and 750 million
cubic feet of LNG daily to Kuwait.

Good job that natural gas is an infinite resource isn't it?
That way the GCC can just keep pumping it out of the ground and selling it
to more and more consumers so that said consumers can *really* build up a
dependency rather than finding alternatives.

Oh, wait ...

:banghead:

It's going to make that downslope that bit steeper and thus shorten the
response time before tragedy ... somewhat like building up a heroin addict's
LD tolerance higher and higher then telling them they have to go cold turkey
as the supply has run out.
:nuke:

[Dead_Parrot]

4. If we can hit the wall fast enough...

...we won't feel a thing.

Honest.