Methanex has signed an agreement with Empresa Naiconal for additional supply of natural gas to its Chile based operations through December 2019. The unit based in Chile will start its operations by 2018. According to company officials, they continue to be optimistic that their underutilized 1.7 million tonne 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.” Methanex is a Vancouver-based, publicly traded company and is the world's largest producer and supplier of methanol to major international markets.
