29 April 2011 21:26 [Source: ICIS news]
As the curtailment that began in mid February stretched into its 11th week, a spokeswoman for National Gas said full service had been restored on Friday to all commercial customers in the Point Lisas Industrial Estate, which includes manufacturers of ammonia, urea, methanol and petrochemicals.
PotashCorp said natural gas deliveries to its three ammonia plants in Trinidad had been restored, with the plants now running at full rates.
Methanex, which has two plants in Trinidad, could not be reached immediately for comment.
Throughout the curtailment, Methanol sources have said that it would have only minimal impact. However, spot methanol prices rose steadily from an average of 103 cents/gal after the first announcement to reach a high of 114 cents/gal in early March.
Spot values have since fallen, almost returning to the February price, ranging 103.50-105.00 cents/gal on Friday.
Additional reporting by Frank Zaworski
($1 = €0.67)
For more on methanol visit ICIS chemical intelligence
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