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EIA: China’s use of methanol in liquid fuels has grown rapidly since 2000; >500K bpd in 2016

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Source: EIA and Argus Media group, China Methanol to Energy Study , January 2017. Smaller amounts of China’s methanol supply are imported from the Middle East, Southeast Asia, South America, and the United States. MTG units involve high capital costs and are only cost-competitive when oil prices are high.

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