Svein Tore Holsether

"We're up to half a million tons of nitrogen fertiliser not being produced in the world right now because of the situation we are in."

"Not applying nitrogen fertiliser would reduce crop yields for some crops by as much as 50% in the first season."

"If there's a bidding war on food and one that Europe is robust enough to handle, what we need to keep in mind in Europe is, OK, in that situation, who are we buying the food away from?"

"We're up to half a million tons of nitrogen fertiliser not being produced in the world right now because of the situation we are in."

"We're up to half a million tons of nitrogen fertiliser not being produced in the world right now because of the situation we are in."

"Given the importance of fertiliser, this is something that can seriously impact crop yields if the war continues for an extended period."

"If the strait of Hormuz was closed for a year it would be catastrophic."

"When gas prices increase as much as they do now, it goes straight to the cost of producing fertiliser for all."

"The countries that are most vulnerable still pay the highest price."

"In a global auction for fertiliser, Europe will have a stronger buying power than poorer parts of the world, we need to keep in mind the magnitude of this before it is too late."