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Ukraine's Nibulon completes 1st phase of new Danube terminal

KYIV, Oct 17 (Reuters) - Ukraine's major agricultural company Nibulon has completed the first stage of its new grain export terminal in the Danube port of Izmail, the head of the company, Andriy Vadaturskyy, said on Monday.

Ukraine operates three relatively small Danube ports that help the country to continue grain exports after its major Black Sea ports were blocked due to the Russian invasion.

"I am pleased to say we have completed the first phase of construction of Nibulon's newest terminal in Izmail in Odesa region, a project started by my late father," Vadaturskyy said in a statement.

"This will help us alleviate some of the disruption to our established export routes," he added.

Vadaturskyy provides no details of the new facility.

Ukrainian agriculture ministry said on Monday the country's grain exports in the first 17 days of October were just 2.4% lower than in the same period of 2021 despite the closure of several seaports and the Russian invasion. (Reporting by Pavel Polityuk; Editing by Josie Kao)

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