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President nixes Odessa Portside privatization to bar pipeline sale
Journal Staff Report

KIEV, April 17 - President Viktor Yushchenko said Thursday he suspended privatization of Odessa Portside Plant, the major producer and exporter of ammonia, because the government also wanted to sell its pipeline, a strategic asset.

The pipeline, which moves large amount of ammonia from Russia for exports via the Odessa port, is a lucrative asset, just like natural gas and oil pipelines.




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