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Methanol Market 2021 | Covid19 Impact Analysis | Growth, Revenue, Trends and Forecasts 2026 |Celanese Corporation, BASF SE, Methanex Corporation, SABIC, Petroliam Nasional Berhad (Petronas), etc – KSU

Methanol Market 2021 | Covid19 Impact Analysis | Growth, Revenue, Trends and Forecasts 2026 |Celanese Corporation, BASF SE, Methanex Corporation, SABIC, Petroliam Nasional Berhad (Petronas), etc – KSU
ksusentinel.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ksusentinel.com Daily Mail and Mail on Sunday newspapers.

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Living on promises in the pandemic

Living on promises in the pandemic
newsday.co.tt - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsday.co.tt Daily Mail and Mail on Sunday newspapers.

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Compromise needed on NGC, Methanol Holdings gas price dispute

Compromise needed on NGC, Methanol Holdings gas price dispute
4 Hrs Ago
A 2018 photo of the Methanol Holdings (Trinidad) Limited (MHTL) Complex in Point Lisas, Couva. - Photo by Jeff K. Mayers
April has only just begun but already its been a bad month for clean energy in TT.
First came news that Methanol Holdings (Trinidad) Ltd (MHTL) – part of the Switzerland-based Proman group – has idled two of its plants.
This came after MHTL and the National Gas Company (NGC) failed to renew a contract for the continued supply of gas owing to a disagreement over price.
NCG cited confidentiality clauses and said it would honour other gas sales contracts with MHTL, while MHTL said it had reached “the absolute limit of our flexibility on contract price and the terms and conditions,” but would continue to engage with NGC and the government. ....

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NGC: Talks with Methanol Holdings on gas supply ongoing

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. ....

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Failed NGC deal a 'bitter blow'

Failed NGC deal a ‘bitter blow’
Energy Minister Franklin Khan. -
THE shutdown of two of Methanol Holdings (Trinidad) Ltd (MHTL) plants on Thursday, after a failed gas supply agreement with the National Gas Company, has been described as a “bitter blow” to the energy industry by stakeholders. It is the latest in a series of halted operations among plants at the Pt Lisas Industrial Estate.
Former energy minister Kevin Ramnarine, who addressed the issue on his Facebook page, said the energy sector and the estate were in trouble after the closure of four methanol plants out of seven, and out of 20 other plants, seven have been shut down in the last few years. ....

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