Methanex warns of reduced gas feedstock supply to plants in Trinidad
Methanex is the operator of two plants in Trinidad, Titan and Atlas. The company holds 100% and 63.1% interests in the two facilities for a combined proportional share of about 2 million tons of methanol.
Methanex anticipates gas curtailments in Trinidad in the
second half of 2014 to be higher than those experienced in
the first half of the year, the methanol
The National Gas Company (NGC) has advised Methanex that it
should expect higher curtailments in the second half of 2014
due to upstream platform maintenance
activities and the ongoing mismatch between upstream
commitments to supply NGC and downstream demand from NGC's
Methanex now estimates curtailments to its two Trinidad facilities
to be in the range of
20% for the second half of 2014.
Methanex says it continues to work with the Trinidad
government and other stakeholders with a view to resolving
gas supply shortfalls to its Trinidad plants.
However, the situation is dynamic and it is difficult to
forecast the gas curtailments or when 100% gas supply can be
expected to return to the Trinidad facilities
, according to company
Methanex is the operator of two plants in Trinidad, Titan and
Atlas. The company holds 100% and 63.1% interests in the two
, respectively, for a
combined proportional share of capacity of about 2 million
tons of methanol.
The plants are situated in Point Lisas Industrial Estate in