BY
Having twice failed to privatise the
Odessa Port Side plant during 2016, and with debts mounting to creditors such
as Naftogaz, the decision has been taken to temporarily, or perhaps better
stated indefinitely, close the plant down with effect from 30th December.
Valery Gorbatko, the plant Director since 1986 has resigned – which for any
eventual buyer or State operational reshuffle/efficiency/transparency policy
for the plant is no bad thing. Accepting that resignation promptly would
be a wise move.
From now the cost to the State will be dramatically reduced to those of
maintenance and salaries – minor costs in comparison to running the plant with
a (currently) low global demand for product and high gas demands to produce it.
It remains an open question as to when or even if a buyer (or long term
leaser) will be found for Odessa Port Side.
Some 2017 national budgetary discipline implemented before 2016 has ended?
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