Natural gas service restored to chemical plants in Trinidad

29 April 2011 21:26  [Source: ICIS news]

HOUSTON (ICIS)--Full natural gas service has been restored to ammonia and methanol plants in Trinidad, a spokeswoman for island’s state-run natural gas company said on Friday.

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

By: Lane Kelley
+1 713 525 2653

AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly

Get access to breaking chemical news as it happens.
ICIS Global Petrochemical Index (IPEX)
ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index