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Methanex agreement with ENAP for Natural gas supply to Chilean methanol operations

Methanex has agreed with ENAP (Empresa Nacional del Petróleo) for additional gas supply to Methanex's Chilean methanol operations through 31 Dec. 2019.

Methanex is fully committed to the restart of the Chile IV facility, which is targeted for the third quarter of 2018, said by methanex President.

Company continues to be optimistic that underutilized 1.7-million ton Chile operations represent a very low capital cost growth opportunity for Methanex due to the significant progress in developing natural gas reserves in the area.