NGC: Talks with Methanol Holdings on gas supply ongoing
National Gas Company head office in Pt Lisas. -
THE National Gas Company (NGC) on Saturday said it is continuing negotiations for a gas supply agreement with Methanol Holdings (Trinidad) Ltd (MHTL). Failure between NGC and MHTL to reach an agreement last Thursday, resulted in the latter taking the decision to idle its M4 and M5plants at the Pt Lisas Industrial Estate.
In response to questions from Newsday, NGC officials said, The parties are in negotiation with a lot of volatility in the market in the midst of a global pandemic. They continued, Some plants like Nutrien which made announcements are back in operation.
Mitsubishi Launches Trinidad Methanol Plant
Jan 19, 2021 8:00:am
Summary The plant uses natural gas to produce up to 1mn mt of methanol and 20,000 mt of dimethyl ether annually.
by: Joe Murphy
Posted in:
Mitsubishi Launches Trinidad Methanol Plant
Japanese industrial conglomerate Mitsubishi has launched commercial operations at its methanol and dimethyl ether (DME) plant in Trinidad and Tobago, the company said on January 19.
The plant uses natural gas to produce up to 1mn metric tons of methanol and 20,000 mt of DME annually. It was brought on stream on December 18.
The facility is operated by Caribbean Gas Chemical, a joint venture between Mitsubishi Gas Chemical, Mitsubishi Corp, and Mitsubishi Heavy Industries Engineering, the National Gas Company of Trinidad and Tobago and local industrial group Massy Holdings.
12:24 PM | January 19, 2021 | Mark Thomas
Facility started commercial operations in December; nameplate capacity for 1 MMt/y methanol, 20,000 metric tons/year DME.
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