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MHTL to partner with G2X, negotiate methanol offtake agreement from G2X methanol-to-gasoline plant

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The company is the largest supplier of methanol to North America and is also a significant supplier to the European Market. The site is located adjacent to multiple large natural gas pipelines and industrial electricity connectivity, and affords the option to ship methanol via barge or oceangoing vessel.

Trinidad 210
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US EIA reminder: Strait of Hormuz world’s most important oil chokepoint; almost 20% of oil traded worldwide

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The Strait is located between Oman and Iran, and connects the Persian Gulf with the Gulf of Oman and the Arabian Sea. The Abqaiq-Yanbu natural gas liquids pipeline, which runs parallel to the Petroline to the Red Sea, has a 290,000-bbl/d capacity. The East-West Pipeline has a nameplate capacity of about 5 million bbl/d.

Oil 297