Natgas cutback in Trinidad to continue – methanol sources

21 October 2011 22:44  [Source: ICIS news]

HOUSTON (ICIS)--Methanol sources close to plants in Trinidad expect the natural gas cutback there to extend into November and possibly into 2012, sources said on Friday.

One source said the natural gas curtailment will continue into November. Another source said a producer was heard to be planning on a 15% gas curtailment into January.

Southern Chemical Corp (SCC), which markets methanol for a producer in Trinidad, would not comment on the cutback.

SCC is the North American marketer for Methanol Holdings (Trinidad) Limited (MHTL), which operates five methanol plants in the Caribbean country.

Methanex also would not comment. The Canada-based company operates two methanol plants in Trinidad, the 900,000 tonne/year Titan plant, and the 1.8m tonne/year Atlas plant, joint-owned with BP.

Trinidad supplies 71% of US methanol imports, according to the most recent data from the US International Trade Commission.

Ammonia producers in Trinidad have shut down some plants as a result of the curtailment, which has lasted for most of this year and stems from safety inspections being done on BP Trinidad and Tobago (BPTT) natural gas platforms.

BP’s 13 offshore platforms supply about 65% of the natural gas consumed in Trinidad, BP said this week.

For more on methanol visit ICIS chemical intelligence

By: Lane Kelley
+1 713 525 2653

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