Nitrogen producers in the Middle East sell thousands of tons of liquid nitrogen annually, and the plan is to have all of their sales through stock markets in the coming years
Nitrogen production in the Middle east is done with the valid certifications of international companies, and this factor has led to our products being sold in the market at a very competitive and high price. Nitrogen producers in the Middle East sell thousands of tons of liquid nitrogen annually, and the plan is to have all of their sales through stock markets in the coming years. With our studies, we have come to the conclusion that the export market has a good capacity to sell nitrogen gas, which we have prepared arrival arrangements to enter this market in coordination with the customs.
West Asia, particularly countries like Saudi Arabia, Iran, and Qatar, is a major player in nitrogen-based fertilizer production. These countries possess abundant natural gas reserves, which serve as a primary feedstock for Ammonia production, a key precursor for nitrogen fertilizers. They utilize advanced technologies, such as the Haber-Bosch process, to convert natural gas into ammonia and subsequently produce nitrogen-based fertilizers like urea and ammonium nitrate. The region's favorable access to raw materials and production capabilities contribute to a significant share in the global fertilizer market.
The agricultural sector in West asia is a major consumer of nitrogen-based fertilizers. The region has diverse agricultural activities, including crop cultivation, horticulture, and greenhouse farming. Farmers rely on nitrogen fertilizers to enhance soil fertility, promote plant growth, and increase crop yields. The use of nitrogen fertilizers helps offset nitrogen deficiencies in the soil, contributing to improved agricultural productivity and Food security in the region.
Given that the selling price was based on the dollar. Therefore, selling these products to a market other than the domestic market can lead to very high exchange rates and added value for companies. We have gone through the legal process to enter foreign markets and hope to supply more than 100 tons of products to this new market every week. Nitrogen companies in the Middle East seek to maintain their market share in order to be able to offer their products competitively and to devote part of their capacity for selling in new markets.
Nitrogen finds applications beyond agriculture in West Asia's industrial sectors. The region has a growing industrial base, including oil and gas, petrochemicals, chemicals, and manufacturing. Nitrogen is used for various industrial processes, such as purging and pressurizing pipelines, creating inert atmospheres, and preventing oxidation and combustion. Industries in West Asia rely on nitrogen for safety, quality control, and efficient production operations.
The oil and gas sector plays a crucial role in West Asia's economy. Nitrogen is widely used in the oil and gas industry for various applications. It is employed for gas blanketing and purging in storage tanks and pipelines to prevent the formation of explosive mixtures and inhibit corrosion. Nitrogen is also used in enhanced oil recovery techniques, where it is injected into oil reservoirs to maintain pressure and displace oil, facilitating extraction.
West Asia is witnessing rapid industrialization and infrastructure development, leading to increased demand for nitrogen across various sectors. The construction industry, in particular, requires nitrogen for applications such as cryogenic cooling for concrete and nitrogen purging in pipelines during construction projects. West Asia's nitrogen production capacity allows it to be a significant exporter of nitrogen-based fertilizers and industrial gases. Countries in the region export nitrogen products to various global markets, including neighboring regions, Europe, Asia, and Africa. The strategic location of West Asia and its access to international shipping routes contribute to its competitiveness in the global nitrogen trade.
